CIBC Private Wealth Management in the News

10.22.2019
Bloomberg Radio
"Bloomberg Businessweek"
Chief Investment Officer Dave Donabedian appeared on Behind the Markets on Business Radio, powered by Wharton Business School. Listen

10.21.2019
Financial Times
"Will the ECB Backlash Spoil Draghi’s Farewell?"
'David Donabedian, chief investment officer of CIBC US Private Wealth Management, said it was a “strange time” for the US stock market with the economy slowing and the Fed lowering rates. “Earnings will be flat as a pancake this year and will be a bit better next year,” he said.'

10.18.2019
Financial Times
"Investors Tiptoe Back Into Us and UK Stocks"
'David Donabedian, chief investment officer for CIBC US Private Wealth Management, said the deal was well received by markets but investors would like to see more details before making bigger commitments to risky assets such as stocks.'

10.14.2019
Bloomberg TV
Senior Vice President and Investment Professional Don Gimbel discussed the impact of recent global developments on equities on Bloomberg TV. Watch

10.14.2019
Barron's
"The Dow Went Nowhere Because Trade Hope and Fear Live Side by Side"
'David Donabedian, chief investment officer at CIBC Private Wealth Management, recommends investors watch for signs that the December tariffs won’t go into effect, and for at least some intellectual-property matters to be include in phase one, or at least mentioned prominently as being part of phase two.'

10.14.2019
Financial Times
"Us Agrees Limited Trade Deal With China"
'“If you think globally about three of the huge policy uncertainties this year, it has been US-China trade, Fed policy and Brexit — we’ve gotten friendly news on each today,” said David Donabedian, chief investment officer of CIBC US Private Wealth Management.'

10.04.2019
Yahoo! Finance
"Stock Market News: October 4, 2019"
'“The September jobs report is consistent with an economy that is slowing, but not falling into recession. Combined with upward revisions to the prior two months, the employment picture remains relatively healthy,” David Donabedian, chief investment officer of CIBC Private Wealth Management, wrote in an email Friday. “The decline in the unemployment rate to 3.5% - a 50 year low – will also be noted as a sign of strength. However, we don’t think this report will change the likelihood of a Fed rate cut on October 31.”' Read more

09.29.2019
CNN
"This Is How Nixon and Clinton’s Impeachment Inquiries Affected Markets"
'“While there has been a slightly negative market reaction to the House impeachment inquiry, this is entirely rational, and nothing that could be called a panic,” said David Donabedian, chief investment officer of CIBC Private Wealth Management.' Read more

09.29.2019
Business Insider
"We Spoke to 5 Money Managers About How Trump Impeachment Proceedings Could Impact the Stock Market"
'"After a tumultuous two years, the market is not shocked easily," David Donabedian, chief investment officer of CIBC Private Wealth Management.' Read more

09.27.2019
Barron's
"The Dow Dropped for the Week. Impeachment Was Only Part of It"
'“Being restricted from investing in certain assets has a very direct, clear consequence,” says Dave Donabedian, chief investment officer at CIBC Private Wealth Management. “With impeachment, the implications are further down the road and much less clear.”'

09.27.2019
Yahoo! Finance
"Stock Bulls Bruised by Trade Limp Into Fraught Earnings Period"
'“It’s a question of if it begins to look like any earnings growth potential for 2020 is not going to happen,” said David Donabedian, chief investment officer of CIBC Private Wealth Management, which oversees roughly $60 billion. “If revisions start to take 2020 earnings down toward zero, that would be a grave concern.”' Read more

09.17.2019
The Wall Street Journal
"Oil’s Violent Swings Reinforce Saudi Arabia’s Key Role in Energy Markets"
"'It’s definitely a pretty harsh reminder of that,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth Management. The disruption 'was completely unexpected…People are so hypersensitive to this because it’s a topic we had largely taken off the table.'"

09.16.2019
The Bond Buyer
"Mid-Cycle Adjustment or Easing Cycle? We May Learn Wednesday"
"While a quarter-point cut is expected and likely, a small chance remains for a 50 basis point cut, said Gary Pzegeo, head of fixed income at CIBC Private Wealth Management. A reduction in the fed funds rate target would bring it to a 1.75% to 2% range, lower than the median projection in the June dot plot, so it 'will have to shift lower.'"

09.13.2019
Family Wealth Report
"CIBC Adds To Boston, Chicago Wealth Teams"
"CIBC has appointed Julie Barron and Cass Culp to join its US private wealth management team in Boston and Chicago, respectively. Barron joins as a managing director and market manager and Culp joins as vice president and business development officer."

09.13.2019
Barron's
"Emerging Market Bonds May Take a Breather Before Next Rally"
"The overriding fact of bond-market life this year has been the U.S. Federal Reserve’s January U-turn toward lowering rates. That set off a global scramble for bonds at current interest rates. U.S. junk might look like the big winner: Yields have dropped faster than on emerging-market paper, and remain higher, says Gary Pzegeo, head of fixed income at CIBC Private Wealth Management."

09.10.2019
Bloomberg TV
"T. Boone Pickens, Oilman Turned Trander, Dies at 91"
Senior energy trader Rebecca Babin discusses the legacy of T. Boone Pickens and his impact on the markets as well as OPEC's latest oil demand estimates. Watch

09.06.2019
MarketWatch
"Why U.S. Crude Has Outpaced Gains for the International Oil Benchmark This Year"
"The U.S.-China trade war is not a factor in the spread’s compression. It actually contributes to a wider WTI-Brent spread, says Rebecca Babin, a senior energy trader at CIBC Private Wealth Management. 'The much larger issue is what the trade war implies for global demand growth,' she says." Read more

09.03.2019
Financial Advisor
"CIBC Acquires $1.8B AUM Lowenhaupt Global Advisors"
"Atlanta-based CIBC Private Wealth Management (CIBC PWM) announced that it has acquired Lowenhaupt Global Advisors (LGA), with offices in St. Louis, Mo., and in New York, according to a news release." Read more

08.31.2019
MarketWatch
"Dividend Stocks Attract Investors as Trade-War Worries Shake up Markets"
"Bonds are becoming an expensive insurance policy, but when you look at the landscape for available assets that can produce a negative correlation to equities, Treasurys are usually at the top of the list,” said Gary Pzegeo, head of fixed income. Read more

08.29.2019
Morningstar
"Bond Report: Treasury Yields Extend Climb After Demand Vanishes for 'Messy' Bond Auction"
"You've got a number of crosscurrents out there. You've got a move back towards risk, and valuations for Treasurys are certainly not at the most attractive point in the world," said Gary Pzegeo, head of fixed income. Read more

08.29.2019
Bloomberg
"Trillions Are in Motion as Traders Eye Paradigm Shift for Rates"
“The forecast for the payout on those is not good,” said chief investment officer David Donabedian. “Certainly a part of that is the realization that rates are going down, not up.”

08.28.2019
The Wall Street Journal
"There Are Few Places to Hide When Markets All Move Together"
“It really is almost like an ongoing, rolling bet on the odds of recession,” said chief investment officer David Donabedian. “If you’re a stock picker, that’s frustrating.”

08.27.2019
Business Radio
"Behind the Markets Podcast"
Chief Investment Officer Dave Donabedian appeared on Behind the Markets on Business Radio, powered by Wharton Business School. Listen (starting at 10:40)

08.26.2019
Bloomberg
"Stocks Advance With Bonds; Dollar Erases Losses: Markets Wrap"
"From Friday to now has been just head-spinning on the trade issue,” said chief investment officer David Donabedian. “I think the market rally was not so much because they took the president’s statement literally about China’s desire to get a deal done. I think it’s because they looked at the president’s statement and concluded he’s more anxious to get a deal done.”

08.25.2019
American Banker
"JPMorgan's Contrarian move: Stockpiling Securities
"Banks that missed the boat earlier can play catch-up now," said Senior Portfolio Manager Brant Houston. "One way is to purchase longer-term securities, because “as rates fall, longer-dated securities will increase in value more than shorter-dated securities.”

08.23.2019
Barron's
"The Dow’s Week Turned Ugly After Trump Sparred With China and Powell"
“Given the gains that were already booked through July, I would have expected a bigger selloff,” said chief investment officer David Donabedian. “The market is very resilient.”

08.19.2019
Bloomberg TV
"Crude Positioning Isn't as Extreme as It Was in 2016"
Senior Equity Trader Rebecca Babin appeared on Bloomberg TV.'s The Close. “The imbalance in 2020 of 1 million barrels of extra supply on the market is only pricing in, essentially, a slow down, not a recession,” said Babin. Watch (starting at 23:25)

08.15.2019
Reuters
"Recession indicator blares loudest warning since 2007: How will the Fed respond?"
“They can lower rates, and that’s kind of the easy thing,” said Gary Pzegeo, head of fixed income. "The Fed doesn’t have many tools in the toolbox. That’s the biggest one.” Read more

08.14.2019
Fox Business
"Recession indicator blares loudest warning since 2007: How will the Fed respond?"
“They can lower rates, and that’s kind of the easy thing,” said Gary Pzegeo, head of fixed income. "The Fed doesn’t have many tools in the toolbox. That’s the biggest one.” Read more

08.14.2019
Business Insider
"The Latest Yield-Curve Inversion Pressures the Fed to Give Trump the Rate Cuts He Wants"
"The Fed's gotta do some balancing here," said Gary Pzegeo, head of fixed income. If they ease too quickly, "they run the risk of igniting excesses in the US consumer," he said. But if they stay too tight, they risk letting weaknesses in global manufacturing and markets worsen. Read more

08.01.2019
The Wall Street Journal
"Expected Surge in Oil Supply Sustains Bear Market"
"'Those are very relevant in tipping the scales. It’s very hard for people to look at the 2020 supply-demand imbalances and want to get long,' said Senior Energy Trader Rebecca Babin, referring to bullish positions."

07.29.2019
Bloomberg
"Popular Muni Investment Sees Highest Prices in Nearly a Decade"
"Christopher Lanouette, a managing director at CIBC Private Wealth Management, said he expects investors to start looking at longer maturities in the face of super-high prices. Six- to 10-year state and local debt offers more yield from a relative value perspective, he said."

07.29.2019
The Bond Buyer
"Is a Rate Cut Necessary"
"Trade uncertainty, falling inflation expectations, and risk to the domestic economy provided enough justification for Powell and the Fed to deliver the dovish message demanded by the market (and others) at the June meeting,” said Gary Pzegeo, head of fixed income. Read more

07.25.2019
Bloomberg 
"Tech Leads Stocks Higher; Treasuries Steady on GDP: Markets Wrap"
"We expect to see signs of strength in consumer spending - much stronger than the first quarter," said Chief Investment Officer David Donabedian. Read More

07.24.2019
Seeking Alpha
"U.S. Growth On Track To Slow In This Week's Q2 Report"
"While interest rates are a headwind for banks, 'credit remains a bright spot,' said Brant Houston, managing director at CIBC Private Wealth Management. Read More

07.20.2019
MarketWatch 
"The Economy Is Likely To Get A Mediocre Grade On Its Next Report Card, But Don’t Take It At Face Value"
“We expect to see signs of strength in consumer spending — much stronger than the first quarter,” said Chief Investment Officer David Donabedian. Read more

07.17.2019
American Banker
"BofA's Plan To Sustain Its Consumer Banking Mojo"
"There is no reason to think that the strong performance from consumer banking cannot continue throughout the bank sector," said Brant Houston, senior portfolio manager.

07.12.2019
Seeking Alpha
"All Eyes On Banks' Q2 Earnings Next Week"
"While interest rates are a headwind for banks, 'credit remains a bright spot,' said Brant Houston, managing director at CIBC Private Wealth Management.  Read More

06.26.2019
Marketwatch
"These First Half Lessons Are Crucial For Stock Investors, Says Wealth Manager"
“The first half of the year we had 25 central banks around the world cutting interest rates at various points. In recent weeks, it became clear the Fed is going to join the party in the second half of year with rate cuts and the ECB will do same thing,” along with China, said Chief Investment Officer Dave Donabedian, CFA. Read More

06.24.2019
Barron's
"The S&P 500 Hit a New High. Start Worrying."
Chief Investment Officer Dave Donabedian, CFA, was quoted in the Barron's article.

06.21.2019
Barron's
"Will Values-Based Investing Ever Take Off?"
Senior Wealth Strategist Josh Miller, CFP®, and Senior Investment Analyst John Tennaro, CIMA®, were quoted in the Barron's article.

06.20.2019
Barron's
"U.S. Stocks Drop as Iran Tension Slows Risk Rally: Markets Wrap"
"If you look at the markets today, it's a pretty impressive performance to basically be flat," considering the news coming out of Iran, said David Donabedian, chief investment officer. “I think it's a testament to how important monetary policy is and how much the market is hanging its hat on the fed here in the second half of the year."

06.18.2019
The Wall Street Journal
"Energy Stocks, Bonds Fall in Lockstep With Oil"
Stocks and bonds whose fortunes are tied to the price of oil “are going to trade more on demand estimates than on supply shocks,” said Rebecca Babin, senior equity trader. That means either energy-related stocks should rise, reflecting improving prospects for growth, “or the rest of the market has to come lower” as the global economy decelerates further,

06.06.2019
Private Wealth
"Planning for Diminished Capacity"
Senior Wealth Strategist Judy Saxe was bylined in this article covering topics on aging and cognitive capacity. Originally appearing in Private Wealth, it can now be read in the NAEPC Journal of Estate and Tax Planning.

06.05.2019
Bloomberg TV
"Traders now see more than 70% chance of Fed rate cut in July"
Gary Pzegeo, head of fixed income at CIBC U.S. Private Wealth Management, discussed actions by the Federal reserve Chairman. "Powell didn’t say anything earth-shattering, but he was more open to using accommodative language than the May Fed meeting when he said the economy was in great shape.” Read More

05.28.2019
The Wall Street Journal
"Rising U.S. Stockpiles Are Latest Trigger for Oil-Price Swings"
"Whether they’re long or short, people have lower conviction … and are much quicker to unwind,” said Rebecca Babin, senior energy trader. “There are so many different ways that you can interpret the data and what’s happening.”

05.20.2019
Bloomberg TV
"Trade Tensions Impacting Oil"
"Right now, the broader market is more influential on crude, than crude is on the broader market," said Rebecca Babin, senior energy trader at CIBC Private Wealth Management. Watch

05.20.2019
Yahoo! Finance
"Why Consumers Should Expect Higher Prices For A Lot Of Things This Summer"
"Demand is pulling crude lower, but escalation and supply constraints” are propping up prices, said Rebecca Babin, senior energy trader at CIBC Private Wealth Management. Read more

05.11.2019
MarketWatch
"Here’s How Trade Uncertainty Could Send The 10-Year Treasury Yield Plunging Below 2.40%"
“If you just look at what the stock market has done year to date, we’ve priced in a lot of good news,” said Gary Pzegeo, head of fixed income at CIBC Private Wealth Management. Read more

05.11.2019
Yahoo! Finance
"Trump's Trade War Has 2 Audiences: China And The Markets"
Markets are viewing the president’s tweets as “a negotiating tactic, pushing things to the edge to get the best possible deal, or just speed things along,” said David Donabedian, chief investment Officer at CIBC Private Wealth Management. “That doesn’t mean it’s going to work.” Read more

05.10.2019
The Bond Buyer
"Why China Tensions May Prompt The Fed To Cut Rates"
“Commodities excluding food and energy are down 0.2% over the prior year and down nearly 3% over the last three months annualized. Inflation markets are choosing to follow commodity prices rather than wait for the transient effect to play out," said Gary Pzegeo, head of fixed income at CIBC Private Wealth Management.

05.06.2019
MarketWatch
"10-Year Treasury Note Yield Hits 3-Week Low Amid Fresh U.S.-China Trade Fears"
“If you take a [trade deal] off the table, you have to introduce some pricing adjustment in Treasurys and introduce a greater risk of slower global growth,” said Gary Pzegeo, head of fixed income at CIBC Private Wealth Management. Read more

05.06.2019
CNBC
"Treasurys Rise, Sending Yields Lower As Investors Seek Safety Amid Trump’s Tariff Threat"
"A flight to quality is to be expected if a U.S.-China trade agreement falls apart,” said Gary Pzegeo, head of fixed income at CIBC U.S. Private Wealth Management. “A reversal on trade at this point could trample any green shoots emerging in the global growth story and increase the risk of a broader pull-back that could engulf the U.S. and lead to lower Treasury yields.” Read more

04.29.2019
Wall Street Journal
"Oil Volatility Picks Up, Putting 2019 Rally Under Scrutiny"
“Everyone is recalibrating to the new market dynamics,” said Rebecca Babin, senior energy trader for CIBC Private Wealth Management. “The policy and political side of the equation has ratcheted up in complexity.”

04.24.2019
Private Wealth
"Planning For Diminished Capacity"
Director of Research and Education Judy Saxe, AEP®, CAP®, authored this article discussing the indications of cognitive decline in aging clients and how to address the topic. Read more

04.23.2019
Wall Street Journal
"Oil Climbs Further After Monday Surge"
“OPEC has the ability to fill the gap,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth Management. “It’s their willingness that remains the question. They have to walk the tightrope right now of wanting higher oil prices for their domestic economies and not trying to get themselves in a political back-and-forth with Trump."

04.17.2019
Family Wealth Report
"US Wealth Manager Steps Up Texas Strategy"
CIBC US Private Wealth Management has promoted Brent Currier to head of growth strategies in Texas, as well as adding Jennifer Normile in Dallas and relocating Michael Cklamovski from its Chicago office to the San Francisco location. “We are pleased to announce that Brent will be taking on this key leadership role where he will focus on strategically growing and deepening client relationships across Texas,” said Jack Markwalter, Chief Executive Officer, CIBC Private Wealth Management, US.

04.15.2019
Barron's
"'Playing Not to Lose.’ Investors Are Sitting Tight as Stocks Near Record Highs."
“We’ve had such a strong run through the first quarter. At some point the market is going to be due for a rest,” says David Donabedian, chief investment officer of CIBC U.S. Private Wealth Management.

04.15.2019
Financial Times
"Wall Street Braces for US Earnings Recession"
“Fears over global growth and trade tensions are dissipating but they haven’t been taken entirely out of the equation,” said Bill Norris, chief investment officer at CIBC Bank USA.

04.12.2019
Financial Times
"Investors Flee UK Stock Funds On Brexit Worries"
“The continued uncertainty and a cloudy road map on Brexit and what it will mean for trade relationships and corporate earnings are leading to outflows,” said David Donabedian, chief investment officer of CIBC US Private Wealth Management.

04.02.2019
Bloomberg TV
"Saudi Aramco May Buy Stake in SABIC"
What does the potential Saudi Aramco stake in SABIC mean? Senior energy trader Rebecca Babin explains why it means the company and the kingdom are willing to get more creative than they've been in the past, and how this may affect oil prices. Read more

04.02.2019
MarketWatch
"A Big Increase in Hiring in March Would Help Soothe All the Heartburn Over the Economy"
“If the numbers look strong, it will bolster the view that we just had a brief soft patch to start the year, and the economy will be fine,” said David Donabedian, chief investment officer. Read more

03.29.2019
Wall Street Journal
"Estate Planning for the Uninitiated"
Senior Wealth Strategist Becky Milliman was quoted in the Wall Street Journal on the topic spousal inheritance. "You cannot put your head in the sand because you are grieving. A lot needs to get done.” 

03.29.2019
Bloomberg Radio
"Lyft Debut, Drug Pricing, African Unicorn"
Chief Investment Officer Dave Donabedian discusses various economic topics including the Fed, interest rates, China and economic expansion. Listen

03.27.2019
Reuters
"Wall Street Bogged Down by Growth Worries, Falling Yields"
Senior Investment Analyst Bryan Reily discusses the importance of paying close attention to the yield curve. Read more

03.26.2019
Bloomberg TV
"China’s Middle Class Is Going to Propel the Economy Forward"
Investment professional Don Gimbel appeared on Bloomberg TV's “Bloomberg Markets: Asia”, discussing why he’s bullish on China, Chinese corporates and his outlook for growth. Read more

03.25.2019
Private Asset Management
"CIBC Wealth Arm Targets Key States as Part of Growth Strategy"
Jack Markwalter, Eric Propper, Linda Beerman and Dave Donabedian were quoted in this Private Asset Management article. “It all starts out with taking great care of existing clients who will then stay with us, addassets and provide referrals – organic growth is essential to our business," said Markwalter. 

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

03.07.2019
Reuters
"Wall Street slips for fourth day after dovish ECB stance"
“Investors are trading off of global macro concerns because the ECB reduced eurozone growth expectation and induced more monetary stimulus,” said Brant Houston, co-manager of CIBC Private Wealth Management's Disciplined Equity and Income Opportunities Strategies. 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.

02.08.2019
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.