CIBC’s tech-lending arm ramps up cross-border strategy with new hires, deals
CIBC Innovation Banking, the tech-lending arm of CIBC, is pursuing a bold North American scaling strategy, boosting in-house resources and accelerating its deal pace. The activity includes a batch of senior hires. Since launching earlier this year, the group has recruited no fewer than six managing directors, most of them from rivals in the debt space. Mark McQueen, president and executive managing director, says the hires bring fresh talent to CIBC’s tech-lending arm, and extend its reach into Canadian and U.S. tech hubs.
12 September 2018•4 mins read
