Sunday January 19, 2020

CIBC chief led mission to meet finance minister

Gerard McCaughey, the chief executive of the Canadian Imperial Bank of Commerce (CIBC), personally led the bank delegation to Ireland which met Brian Lenihan, the Minister for Finance, to discuss an investment in AIB.

15th August, 2009

Gerard McCaughey, the chief executive of the Canadian Imperial Bank of Commerce (CIBC), personally led the bank delegation to Ireland which met Brian Lenihan, the Minister for Finance, to discuss an investment in AIB.

The government is understood to be broadly positive about such an investment, although no movement is expected until it becomes clear what deal the National Asset Management Agency (Nama) will do in relation to removing distressed assets from the bank’s balance...

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