7 Firms Guide $1.8B Butterfield, CIBC Caribbean Bank Deal

By Al Barbarino ( May 28, 2026, 3:36 PM EDT) -- The Bank of N.T. Butterfield & Son Ltd. said Thursday it has agreed to acquire CIBC's 91.7% stake in CIBC Caribbean Bank Ltd. for $1.794 billion, creating a regional banking platform with about $29 billion in assets across international financial centers and Caribbean markets....

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