CIBC completed the investment in Loop Capital.

CIBC, a North American financial institution with 10m personal banking, business, public sector and institutional clients, completed the investment in Loop Capital, a Chicago headquartered financial services firm. Financial terms were not disclosed. "We have worked closely with the team at CIBC for many years, and this is a great opportunity to continue to pursue mutually beneficial growth opportunities for our respective platforms. Further, CIBC and Loop have cultural alignment and share a keen focus on serving clients that will allow us to continue to garner growth," Jim Reynolds, Loop Capital Chairman and CEO.