Butterfield to acquire CIBC Caribbean in US$1.8bn deal
Friday 05th June 2026 The Caribbean banking landscape is poised for one of its most significant transformations in decades following an agreement by Bermuda-based Butterfield to acquire Canadian Imperial Bank of Commerce’s (CIBC) 91.7% stake in CIBC Caribbean for approximately US$1.8bn. The transaction, which is expected to close in the first half of 2027 pending […]
Black News 
Friday 05th June 2026 The Caribbean banking landscape is poised for one of its most significant transformations in decades following an agreement by Bermuda-based Butterfield to acquire Canadian Imperial Bank of Commerce’s (CIBC) 91.7% stake in CIBC Caribbean for approximately US$1.8bn. The transaction, which is expected to close in the first half of 2027 pending regulatory and…
