The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the Big Five banks in Canada. The bank is headquartered at Commerce Court in Toronto, Ontario. The bank has three strategic business units: Retail and Business Banking, Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and Europe. Globally, CIBC serves more than eleven million clients, and has over 40,000 employees."