CIBC FirstCaribbean Private Wealth Management has opened an office in Nassau at the Goodman’s Bay Corporate Centre; already located there is the bank’s Bahamas-based Trust Company. The West Bay Street office is the second one to open regionally.

Marking the occasion was a January 28th cocktail reception hosted by Marie Rodland-Allen, Managing Director for [CIBC FirstCaribbean (Bahamas) Limited]( ) and Daniel Wright, Managing Director, [CIBC FirstCaribbean Private Wealth Management]( Mr. Wright introduced the Private Wealth Management team, and provided an overview of the specialized services. *“Our team provides clients with customised solutions in five key areas of wealth management – investment planning and asset management; credit planning and management; wealth protection and structuring; cash management; and business planning. We understand that our clients’ lifestyles, finances and investments are complex which dictate a higher level of service and professional attention than most.”* He added, *”Our team here at CIBC FirstCaribbean has the skills and means, by which to give them the assistance they deserve.”*

The new private wealth offering is being combined with the existing strength of the Trust operation in Nassau. Mr. Wright continued, *”We will build on our regional reputation and long standing presence and track record to grow the business. This, coupled with the strong, established backing of the CIBC name, guarantees that we are more than capable of meeting the complex financial requirements of our clients with professional, sophisticated attention and sound wealth management expertise.”*

##About CIBC FirstCaribbean##

CIBC FirstCaribbean is the largest, regionally-listed bank in the English and Dutch speaking Caribbean serving over 500,000 accounts in 17 markets, through 3,000 staff, across 100 branches and offices. The bank offers a full range of market-leading financial services in: Corporate and Investment Banking, Treasury Sales and Trading, Retail Banking, Wealth Management, Small Business and Credit Cards.

CIBC FirstCaribbean is a member of the CIBC Group. CIBC (TSX, NYSE: CM) is a leading North American financial institution serving clients in Canada and around the world. Through its distinct business lines, CIBC Retail Markets and Wholesale Banking, CIBC provides a full range of products and services to almost 11 million individual, small business and commercial banking clients and meets the financial needs of corporate and institutional clients. CIBC is rated A+/Stable/A-1 by Standard & Poor’s.