CIBC FirstCaribbean International Bank partnered with parent company CIBC Group to share recommendations for “Managing Commodity Price Risk and Hedging Strategies in Volatile Times” with corporate Jamaica.

Bank executives addressed representatives of a range of medium and large Jamaica-based corporations including public utilities & Energy, manufacturing, distribution and telecommunications companies, yesterday (Thursday, June 23, 2011), at the Jamaica Pegasus Hotel.

Presenters included CIBC FirstCaribbean International Bank Associate Director – Client Solutions Group, Gregory Samuels and visiting CIBC guest speakers Katherine Spector, Executive Director, Macro Strategy and David Alessio, Managing Director, Corporate Solutions.

The presentations were in keeping with CIBC FirstCaribbean International Bank and the CIBC Group’s ongoing commitment to relationship banking through which they offer clients a full range of market leading financial services through corporate investment banking and retail banking segments.

CIBC FirstCaribbean, the counterpart to all hedging contracts, is able to provide through its Client Solutions Group, derivative hedging solutions to large Corporate and Government entities throughout the region who have exposure to commodity risks, interest risks and foreign currency risks.

CIBC FirstCaribbean works closely with its parent bank CIBC, the world’s fourth strongest bank which boasts a strong global presence in the leading financial markets such as New York, Toronto, London, Singapore.

Well-known regionally for providing tailored banking solutions to meet unique client needs, CIBC FirstCaribbean routinely provides advice and financial solutions for retail and wealth clients and has been the first to make a range of innovative banking solutions available to Caribbean clients, including mobile banking and visa debit cards.