Canadian Imperial Bank of Commerce (CIBC) is a diversified financial institution. CIBC was formed through the amalgamation of The Canadian Bank of Commerce and Imperial Bank of Canada. CIBC is a financial institution serving clients in Canada and certain other countries. Through its two business lines, CIBC Retail Markets and CIBC World Markets, it provides a range of products and services to approximately 11 million individual and small business clients, corporate and institutional clients. . These business lines are supported by five functional groups: Administration; Technology and Operations; Corporate Development; Finance, and Risk Management. During the fiscal year ended October 30, 2008, the Company sold its United States-based investment banking, equities, leveraged finance and related debt capital markets businesses, to Oppenheimer Holdings Inc. (Oppenheimer). In July, 2008, it sold its remaining shares in Visa Inc.