Showing posts with label Canadian Imperial Bank of Commerce. Show all posts
Showing posts with label Canadian Imperial Bank of Commerce. Show all posts

Friday, April 29, 2011

CIBC eyes high-yield bonds, sovereign wealth funds

Canadian Imperial Bank of Commerce is adding to its capital markets teams in New York and Toronto, with hires from competitors including Bank of America Merrill Lynch.

The hires reflect a focus on high-yield bonds and expanding business with central banks and sovereign wealth funds.