CIBC hires former industry minister Navdeep Bains as vice chair of global investment banking

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CIBC hires former industry minister Navdeep Bains as a vice chair of global investment banking

Bains was first elected in a key Toronto suburb in 2004 and represented it until 2011, when the Liberals suffered their worst-ever electoral defeat. He won the district back in 2015, when Trudeau took the party from third place to power, and became Trudeau’s lead minister on issues like telecommunications and foreign takeovers, including the 2018 decision to block a Chinese bid for construction giant Aecon Group Inc.

“Our clients in the innovation and technology sectors are seeking to expand their opportunities in a rapidly changing environment, and Navdeep’s experience will enhance the perspective and advice we can offer,” Roman Dubczak, CIBC’s head of global investment banking, said in the statement. Bains will join former Conservative Party lawmaker Lisa Raitt in CIBC’s investment banking operations. The bank hired Raitt, who served in the cabinet of former Prime Minister Stephen Harper, in January 2020 after she was defeated in an election the previous year.Share this article in your social network

 

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Liberals take care of their own. Anyone who complains about Conservatives being in bed with Big Business is barking up the wrong tree; Big Business is in bed with the Liberals. Conservatives are the party of small business and the middle class, the latter being “beneath” Bains.

The CIBC are beyond useless. I'm going to switch banks this week, based on their banking processes. This just confirms my decision.

Liberal 'Cream' TrudeauVaccineFailure WhereIsTheMoneyCatherine ? MagicKingdom PeterPanPM Team Train Wreck! 🧦🇨🇦 ❄️😜🤡🎈 And Repeat Over & Over & Over & Over....

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