MINNEAPOLIS
--(BUSINESS WIRE)--Dec. 5, 2016--
Piper
Jaffray Companies
(NYSE: PJC), a leading investment bank and asset
management firm, is pleased to announce the firm is entering into an
exclusive equity research distribution agreement with the capital
markets arm of
Canadian Imperial Bank of Commerce
(CIBC). CIBC will be
the exclusive distributor of
Piper Jaffray
research in the Canadian
market.
“While we previously marketed to Canadian clients directly, we are very
pleased to be partnering with CIBC to deliver our highly rated research
and analysts to a broader institutional client base,” said
Jeff
Klinefelter
, global head of equities at
Piper Jaffray
. “We look forward
to expanding our research footprint by working with a best-in-class peer
to further our efforts.”
The
Piper Jaffray
equity research group consists of
40
senior analysts
covering
750
companies
in the consumer, energy, financial institutions,
healthcare, industrials, and technology sectors.
The exclusive distribution agreement is effective as of
December 5, 2016
.
About
Canadian Imperial Bank of Commerce
(CIBC)
CIBC is a
leading Canadian-based global financial institution with 11 million
personal banking and business clients and three major business units –
retail and business banking, wealth management and capital markets.
CIBC
Capital Markets
provides integrated global markets products and
services, investment banking advisory and execution, corporate banking,
and top-ranked research to corporate, government and institutional
clients around the world.
About
Piper Jaffray
Piper
Jaffray Companies
(NYSE: PJC) is a leading investment bank and asset
management firm. Securities brokerage and investment banking services
are offered in the U.S. through
Piper Jaffray & Co.
, member
SIPC
and
FINRA; in
Europe
through
Piper Jaffray Ltd.
and
Simmons & Company
International Limited
, authorized and regulated by the
U.K. Financial
Conduct Authority
; and in
Hong Kong
through
Piper Jaffray Hong Kong
Limited
, authorized and regulated by the
Securities and Futures
Commission
. Asset management products and services are offered through
five separate investment advisory affiliates―U.S. Securities and
Exchange Commission (
SEC
) registered
Advisory Research, Inc.
;
Piper
Jaffray Investment Management LLC
,
PJC Capital Partners LLC
and
Piper
Jaffray & Co.
; and Guernsey-based
Parallel General Partners Limited
,
authorized and regulated by the
Guernsey Financial Services Commission
.
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Piper Jaffray
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© 2016
Piper Jaffray Companies
, 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota
55402-7036
View source version on businesswire.com:
http://www.businesswire.com/news/home/20161205005115/en/
Source:
Piper Jaffray Companies
Piper Jaffray & Co.
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com
