February 18, 2014
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CIBC’s New Year halt to in-branch payments
CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.
Union seeking 'seat at table' on CIBC deal
Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,
CIBC First Caribbean CEO assures staff over new partner
COLETTE Delaney, CEO of CIBC FirstCaribbean, assured employees Friday that the bank remains committed to them as a new partner assumes majority ownership of the bank.
$450,000 donated by CIBC for relief
CIBC is donating US$450,000 to support organisations providing humanitarian relief to areas impacted by Hurricane Irma.
CIBC: ‘No choice’ but to cut 66 jobs
CIBC First Caribbean International Bank (FCIB) yesterday confirmed plans to cut 66 jobs from its Bahamian workforce, revealing that those posts would be outsourced to Jamaica.
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