CIBC World Markets Corp. announces donation for disaster relief
January 10 2005 - 1:00PM
PR Newswire (US)
CIBC World Markets Corp. announces donation for disaster relief NEW
YORK, Jan. 10 /PRNewswire-FirstCall/ -- CIBC World Markets Corp.,
the US investment banking arm of CIBC, announced today it is
contributing US$250,000 to help with the relief operations
currently underway in South Asia following the devastating tsunami.
The funds, raised through the December 2004 CIBC World Markets
Miracle Day event in the U.S. region, will be provided to UNICEF.
CIBC World Markets selected UNICEF because it will help those most
affected by this devastating event - children - who are also the
recipients of funds raised on Miracle Day. UNICEF is aiding relief
efforts in the hardest hit areas, targeting children and families
affected by the earthquake and the subsequent tsunamis.
"Increasingly, it is becoming evident that this is one of the worst
catastrophes that the world has experienced and extraordinary
efforts are required to help millions of people begin to rebuild
their lives," said CIBC World Markets Corp.'s President and Chief
Executive Officer Gary Brown. "We hope our contributions will help
when it is needed most." CIBC, based in Toronto, has previously
announced donations of $200,000 to the Red Cross and UNICEF. CIBC
World Markets is a full service corporate and investment bank
throughout North America, with operations in the UK and Asia, and
serves more than 8,000 corporate, government and institutional
clients. CIBC World Markets' parent company is CIBC, one of North
America's first and largest financial institutions with offices in
18 countries, including the world's major financial centers.
DATASOURCE: CIBC World Markets CONTACT: please contact Rod Cumming,
CIBC World Markets, Marketing and Communications, at (416) 594-7774
or
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