CIBC London Makes Last New Hires In Five-Year Expansion Plan
BANKS
With the recent hiring of two additional traders in its London office, Canadian Imperial Bank of Commerce's foreign exchange operation is now "fairly close to critical mass," three years into its five-year expansion plan, says European treasurer Roy Lambden.
Lambden, who was promoted to replace Michael Cornford on his unexpected move to Swiss Bank Corp. in January of this year (FX Week, January 11), has hired Jim Turnbull as a proprietary trader from Union Bank of Switzerland in Sydney and most
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