Butterfield Agrees to Acquire CIBC's Stake in Caribbean Bank

The Bank of N.T. Butterfield & Son has agreed to acquire CIBC’s 91.7% stake in CIBC Caribbean Bank for approximately $1.8 billion, creating a combined banking and wealth management platform with around $29 billion in assets.

By Preeti Singh, SA News Editor · Seeking Alpha · May 28, 2026, 11:24 UTC

Butterfield Agrees to Acquire CIBC's Stake in Caribbean Bank

Tickers: $CM $NTB

Topics: Banking Corporate Acquisition Wealth Management

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