In late 2001, the Canadian Imperial Bank of Commerce (CIBC) and Barclays Bank PLC is in advanced negotiations on a possible merger of its retail, corporate and offshore banking operations in the Caribbean. Some members of each board wondered whether this was the best direction to take. Will the combined company will be able to deliver a higher return? Will it be possible to integrate, within the budget of the company, who were competing with each other in the region for decades? Firm will either be better deprivation regional operations instead? If the two firms just continue to go it alone, with a focus on continuous improvement? The decision should be made in the coming weeks. "Hide
by Paul Beamish, Don Wood Source: Richard Ivey School of Business Foundation 18 pages. Publication Date: September 30, 2004. Prod. #: 904M67-PDF-ENG