Even with the global economy on the rocks, CIBC World Markets continues to hire around the world.

On Friday the investment bank announced two new addtions in its London office: Paul Armstrong in the financial solutions group and Talal Dehbi in equity derivatives.

The move is part of a slew of new hires year, which included adding to the bank's fixed-income desk in New York in the spring and hiring a head of European debt capital markets in June.

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In Toronto, CIBC also recently hired a co-head of mining to partially replace Rick McCreary, who left for Barrick this spring.