Bank most likely to walk into a sharp object - Manager, Commercial Banking CIBC Employee Review

2.0
19 Jun 2008
Recommend
CEO approval
Business outlook

Pros

Decent benefits, face time not an issue.

Cons

Where do I begin - bank named "most likely to walk into a sharp object" by well-known local journalist - always seemed to be some scandal blowing up (Enron, customer info being faxed to random 3rd parties, mutual fund trading scandals, etc) that made it hard to present CIBC as an institution with inegrity, lowered morale; management obsessed with process over results, and an unhealthy obsession with 2x2 matrices; people who didn't understand banking or client service put in charge of the commercial bank, coming up with ridiculous strategies to 'grow the business' (which immediately shrank the business). Lots of people around you with hands up for a package.

Explore other reviews about CIBC

5.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Cons

There is no commission anymore.

2.0
7 May 2026
Recommend
CEO approval
Business outlook

Pros

-People were friendly and would do coffee chats/one-on-one lunches. -Other interns were great. -Base compensation as an analyst is on the higher end.

Cons

-Feedback from intern manager only given at the end of a rotation differed greatly from what team members would directly tell me which was confusing. Makes me think people are only nice on the surface. -Team members prioritized some interns over others in terms of work given and time spent. -Teams in the same product group had wildly different work life balance with some working 70+ hours a week and others working close to 40. -Has high turnover overall due to lower compensation at the Director+ level.

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