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Union seeking 'seat at table' on CIBC deal

Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,

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CIBC First Caribbean CEO assures staff over new partner

COLETTE Delaney, CEO of CIBC FirstCaribbean, assured employees Friday that the bank remains committed to them as a new partner assumes majority ownership of the bank.

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$450,000 donated by CIBC for relief

CIBC is donating US$450,000 to support organisations providing humanitarian relief to areas impacted by Hurricane Irma.

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CIBC: ‘No choice’ but to cut 66 jobs

CIBC First Caribbean International Bank (FCIB) yesterday confirmed plans to cut 66 jobs from its Bahamian workforce, revealing that those posts would be outsourced to Jamaica.


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