We are pleased to announce that on January 1, 2014, Atlantic Trust became part of CIBC—Canadian Imperial Bank of Commerce (NYSE: CM)—a leading global financial institution. Atlantic Trust is a strong firm, and joining CIBC will make us even stronger. Importantly, CIBC is committed to growing and investing in Atlantic Trust's business, with the goal of helping us create the most client-centric wealth management firm in the industry.
We truly believe that becoming part of CIBC provides the right strategic and cultural fit, as well as continuity, for our clients and our team members. Our firms share a commitment to outstanding client service and investment excellence. Additionally, CIBC embraces Atlantic Trust's fiduciary culture, as well as our integrated, objective approach to investments and wealth strategies.
As we move forward, clients will continue to experience the dedication and service of their existing Atlantic Trust team, which remains laser-focused on taking care of their needs. In addition, clients will benefit from the financial strength and long-term stability of CIBC—with its 150-year history and recognition as the strongest bank in North America and the third strongest globally by Bloomberg Markets.
If you would like to learn more, we invite you to view a brief video above and link below to the press release and cibc.com.