Kepler Cheuvreux and CIBC Enter into Equity Research Distribution Agreement

Paris, Thursday 6th September

Kepler Cheuvreux, the leading independent European equity broker, is pleased to announce that the firm is entering into an equity research distribution agreement with the capital markets arm of Canadian Imperial Bank of Commerce (CIBC). Effective today, CIBC will distribute Kepler Cheuvreux’s award-winning European equity research to their Canadian institutional client base and we look forward to expanding our relationship in the future.

Laurent Quirin, Kepler Cheuvreux, Chairman of the Supervisory Board: “While Kepler Cheuvreux has enjoyed success with Canadian clients by devoting modest resources, we believe that partnering with CIBC will help our product to reach a much larger audience. Our research distribution agreement with CIBC is very similar to our partnerships with Piper Jaffray and CIMB, who are also research distribution partners with CIBC. Our partnership mentality is reflected in this third research distribution agreement and our five ECM research & distribution agreements with UniCredit, Crédit Agricole CIB, Rabobank, Swedbank and Belfius”.

Ed Dodig, Managing Director and Head, Equity Markets at CIBC Capital Markets. “We are pleased to expand our global research offering under the CIBC umbrella to include top-ranked research from Kepler Cheuvreux, and to offer our Canadian institutional investors the opportunity to benefit from their team’s large cap research offering as our clients continue to invest globally.”

Kepler Cheuvreux employs over 120 equity research analysts who research 1,000 European companies. Kepler Cheuvreux has the largest equity research footprint in Continental Europe. Kepler Cheuvreux’s ambition is to be a global broker in Europe. Together with our partners, we offer our European clients coverage of 2,500 stocks globally.

About Kepler Cheuvreux

Kepler Cheuvreux is a leading independent European financial services company which specializes in research, execution and advisory services. The company has four business lines: Equities, Debt & Derivatives, Investment Solutions and Corporate Finance. Headquartered in Paris, the group employs around 550 staff. This multi-local company is also present in Amsterdam, Boston, Brussels, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Stockholm, Vienna, Zurich.

Management and staff are the largest shareholders: major European financial groups, including Crédit Agricole CIB, UniCredit, Rabobank, Swedbank and Belfius are also important shareholders.

About Canadian Imperial Bank of Commerce (CIBC)

CIBC is a leading Canadian-based global financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world.

Press contact

Havas Paris (media partner for Kepler Cheuvreux)

Thomas Khaski
+33 6 26 43 00 19
[email protected]

Hugo Boussier
+33 6 86 72 53 31
[email protected]