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CIBC hires head of commodities trading

Globe and Mail Update

CIBC World Markets has hired a new head of its global commodities trading group.

Arden Majewski will join CIBC as a managing director and will steer the investment bank's commodities trading business. He heads over from independent firm Mecuria Energy Trading America in Houston, and he has a history of managing trading desks.

Mr. Majewski will be based in New York.