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(Fred Lum/The Globe and Mail)

CIBC appoints new heads of Asia, Europe investment banking

The securities and wholesale banking arm of Canadian Imperial Bank of Commerce has named new heads of three businesses, including new leaders in Asia and Europe as the firm looks to increase its presence internationally.

The firm said that Ed Dodig will become head of the financial solutions group, capital markets trading. Mr. Dodig, a managing director, has been running Europe and Asia for the firm. He will relocate to Toronto from London.