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.
In New York, as part of the bank’s regional expansion, CIBC hired Victor Banjo as director with the U.S. dollar high-yield bond trading desk. James Chiriaco was also brought on board as an executive director to focus on high-yield bond distribution.
In Toronto, Michael Seguin, most recently with B of A Merrill, will join CIBC on May 2 as executive director of the financial solutions group, a cross-asset sales team serving institutional clients including asset managers, pension funds, sovereign wealth funds and life insurance companies.
In the same vein, CIBC is expanding the role of Ricardo Zulliger, managing director and head of CIBC’s strategy to increase business with central banks and sovereign wealth funds. Mr. Zulliger has been named head of the financial solutions group in New York.
Among other recent hires in New York by Canada’s fifth largest bank is Catherine Carr-Lafee, whose experience includes a stint as head trader with Principled Capital Management. She will work with the cash equities team of CIBC with a focus on hedge fund clients.
Artis Rebinov, a capital structure arbitrage and special situation credit trader, is also joining the bank as director of fixed income trading, while Lola Tsetlin, most recently at B of A Merrill Lynch, comes on board as a director with a focus on commodity distribution.
Source: http://business.financialpost.com
The hires reflect a focus on high-yield bonds and expanding business with central banks and sovereign wealth funds.
In New York, as part of the bank’s regional expansion, CIBC hired Victor Banjo as director with the U.S. dollar high-yield bond trading desk. James Chiriaco was also brought on board as an executive director to focus on high-yield bond distribution.
In Toronto, Michael Seguin, most recently with B of A Merrill, will join CIBC on May 2 as executive director of the financial solutions group, a cross-asset sales team serving institutional clients including asset managers, pension funds, sovereign wealth funds and life insurance companies.
In the same vein, CIBC is expanding the role of Ricardo Zulliger, managing director and head of CIBC’s strategy to increase business with central banks and sovereign wealth funds. Mr. Zulliger has been named head of the financial solutions group in New York.
Among other recent hires in New York by Canada’s fifth largest bank is Catherine Carr-Lafee, whose experience includes a stint as head trader with Principled Capital Management. She will work with the cash equities team of CIBC with a focus on hedge fund clients.
Artis Rebinov, a capital structure arbitrage and special situation credit trader, is also joining the bank as director of fixed income trading, while Lola Tsetlin, most recently at B of A Merrill Lynch, comes on board as a director with a focus on commodity distribution.
Source: http://business.financialpost.com
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