CIBC Private Wealth Management in the News

03.19.2019
Reuters
Hopes of Fed Standing Pat On Rate Hikes Drive Wall Street Higher
Managing director Bryan Reily quoted on the impact of changing expecations about rate hikes from the Fed this year. Read more

03.13.2019
Yahoo! Finance
Investors Are a Little Too Confident that the US-Mexico-Canada Trade Accord is a Done Deal
“If it looks like the president will follow through on letting NAFTA lapse, that’s a huge market negative,” Donabedian said. Read more

03.12.2019
The Boston Globe
"Despite Odds Against Women, Bannan Soars in Equity Management"
Tricia Bannan, who was named CIBC Private Wealth Management's new head of equities earlier this year, was recently featured by the Boston Globe. In her newly created role, Tricia will oversee a team managing about $15 billion in stock investments, largely for wealthy clients. 

03.10.2019
Wall Street Journal
"How Big Tech Has Powered Global Stocks"
"We’re in a global slow patch, so the earnings growth that growth stocks bring to the table looks more precious," said David Donabedian, chief investment officer at CIBC Private Wealth Management.

03.08.2019
ETF Trends
"QQQ, DIA, SPY ETFs Struggle to Find Direction"
David Donabedian, chief investment officer at CIBC Private Wealth Management, argued that the home-purchases numbers were closely watched since “they’ve been one of the weak links in the U.S. economic story over the last year and a half.” Read more

02.27.2019
Private Asset Management
"CIBC Private Wealth Management Builds Out Teams"
CIBC Private Wealth Management has added three new senior staffers to its investment and client service teams, PAM has learned. Jeffrey Lee and Lawrence Li will work out of the firm’s Boston office, both serving as vice president and senior investment analyst. Robert Gaudette will serve as vice president and client service manager in Atlanta.

02.22.2019
Forbes
"6 Reasons Why You Should Have an Estate Plan"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "6 Reasons Why You Should Have an Estate Plan." The article appeared on Forbes.com. Read more

02.15.2019
Forbes
"The Pros And Cons Of Credit Cards"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "The Pros And Cons Of Credit Cards." The article appeared on Forbes.com. Read more

02.08.2019
Markets Media
"TRADING UP: CIBC Names Bannan Head of Equities"
CIBC has named Tricia Bannan, CFA, as its new Head of Equities for CIBC Private Wealth Management. In this newly created role, Bannan will oversee $15.1 billion in internally-managed equity assets across the firm’s investment platform. Read more

02.08.2019
Forbes
"Helpful Considerations For Giving Gifts And Funding Expenses"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Helpful Considerations For Giving Gifts And Funding Expenses." The article appeared on Forbes.com. Read more

02.08.2019
Financial Advisor
"CIBC Private Wealth Management Names Tricia Bannan Head Of Equities"
CIBC Private Wealth Management has tapped financial advisor Tricia Bannan to the new position of head of equities in Boston, where she will oversee $15.1 billion in internally managed equity assets across the firm’s investment platform. Read more

02.08.2019
Bloomberg
"CIBC Names Tricia Bannan Head of Equities for Private Wealth"
Canadian Imperial Bank of Commerce has named Tricia Bannan head of equities for its private wealth management division, the bank said in a statement Thursday. Based in Boston, Bannan will oversee $15.1b in equity assets. She will also continue to co- manage CIBC’s flagship disciplined equity strategy while overseeing 7 other proprietary equity strategies.

02.08.2019
Family Wealth Report
"Who's Moving Where In Wealth Management? - Integrated Financial Partners, CIBC, Others"
CIBC Private Wealth Management, part of Toronto-listed CIBC, has named Tricia Bannan, CFA, as head of equities. In this newly-created role, Banan oversees $15.1 billion of equity assets across the firm's investment platform.

02.02.2019
Bloomberg TV
"Managing a Client's Sudden Wealth"
Senior Energy Trader for CIBC Private Wealth Management Rebecca Babin appeared on Bloomberg TV's The Close to discuss energy stocks. Watch video (clip begins at 53:36)

02.04.2019
Financial Advisor
"Managing a Client's Sudden Wealth"
Senior Relationship Manager Barry Berlin and Senior Wealth Strategist Catherine Schnaubelt co-authored this article for Financial Advisor Magazine. Read more

01.31.2019
Forbes
"3 Things To Consider When Combining Assets With Your Partner"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "9 Ways To Gift Your Assets To Charity." The article appeared on Forbes.com. Read more

01.30.2019
Family Wealth Report
"CIBC Wealth Management Adds US Team Members"
CIBC Private Wealth Management has added five professionals to its teams in the US.

01.30.2019
Financial Advisor
"CIBC Expands North American Team with Five New Hires"
CIBC Private Wealth Management is expanding its North American banking and wealth management platform through five hires.

01.25.2019
The Wall Street Journal
"Big Railroads Don’t See Slowdown on Horizon for U.S. Economy"
[Railroads] are often seen as leading indicators in the stock market, but they best reflect the domestic U.S. economy, said David Donabedian, chief investment officer for CIBC Private Wealth Management. And companies with a U.S. focus have been reporting much stronger results than those with more exposure overseas, particularly in China, Mr. Donabedian said. “What they’re seeing in the U.S. has really been pretty good.”

01.25.2019
CityWire
"CIBC Private Wealth Hires Hedge Fund Gatekeeper"
“CIBC Private Wealth Management (CIBC PWM) has hired a senior investment hedge fund analyst for its manager research team, Citywire can reveal. Based in Boston, Jeffrey Lee will be joining the firm's multi-manager hedge fund team and will be responsible for researching niche markets and strategies to find opportunities to generate alpha. Read more

01.23.2019
Forbes
"3 Challenges That Can Disrupt Your Strategic Giving Plan (And How To Handle Them)"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "3 Challenges That Can Disrupt Your Strategic Giving Plan (And How To Handle Them)." The article appeared on Forbes.com. Read more

01.17.2019
The Wall Street Journal
"Stock Rebound Stalls as Trade, Earnings Worries Linger"
“Numbers overall have been better than expected, and guidance has been reasonably constructive in terms of what [bank executives] are seeing on the economy,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “So far, so good, but it’s very early days,” he said.

01.17.2019
Forbes
"6 Financial Issues To Discuss Before Getting Married"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "6 Financial Issues To Discuss Before Getting Married." The article appeared on Forbes.com. Read more

01.09.2019
Forbes
"9 Ways To Gift Your Assets To Charity"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "9 Ways To Gift Your Assets To Charity." The article appeared on Forbes.com. Read more

01.07.2019
The Wall Street Journal
"Writhing Markets Force a Rethink of 201 Wall Street Forecasts"
“The stock market in 2019 is desperately seeking clarity,” said Dave Donabedian, chief investment officer at CIBC Private Wealth Management. Financial markets are behaving as if the next recession is around the corner, Mr. Donabedian said, even though some—Mr. Donabedian included—believe the U.S. economy is still on solid footing.

01.02.2019
Financial Times
"Major Themes Set to Shape Markets in 2019"
The macro risks are multiple and well-known: the Fed stalls the economy by raising rates too high, Beijing and Washington’s temporary trade truce unravels or cooler growth outside the US saps corporate profits. David Donabedian, chief investment officer at CIBC Private Wealth Management, said these will prove relevant if they affect what really matters:corporate earnings growth.