The Privatebank Company Profile

Aggregated data from the web about The Privatebank

Company Name	The Privatebank
Website	us.cibc.com
Snippet	CIBC Bank USA is an American commercial bank headquartered in Chicago, Illinois. Founded in 1989 as PrivateBancorp Inc. (doing business as The PrivateBank), the company became a subsidiary of the Toronto-based Canadian Imperial Bank of Commerce (CIBC) after a US$5 billion acquisition in June 2017.[1] This acquisition marks the Canadian bank's second formal entry into the American retail and investment banking market.
AUM	$9.6 billion
Type	Subsidiary
Parent	Canadian Imperial Bank of Commerce
Founded	1989
Website	us.cibc.com
Formerly	PrivateBancorp Inc.
Industry	Financial services
Traded as	NASDAQ: PVTB (1999–2017)
Headquarters	120 South LaSalle Street, Chicago, Illinois
Total assets	$17.7 billion (2016)

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