CIBC Hires Craig Wilson to Head North American High-Yield Trading Business

Canadian Imperial Bank of Commerce hired Craig Wilson from Scotia Capital as head of North American high-yield trading to expand its debt-capital markets business.

Wilson will join CIBC on Sept. 27 as a managing director, the Toronto-based bank said today in an internal memo obtained by Bloomberg News and confirmed by CIBC spokesman Tom Wallis.

Wilson has 14 years of high-yield market experience in Toronto and New York as an analyst and trader, according to the memo. He spent the last two years as a managing director in fixed income with Scotia Capital in Toronto, where he helped set up the firm’s Canadian high-yield trading platform. He was head of Scotia Capital’s high-yield research in New York from 2004 until 2008. Canadian Imperial is the country’s fifth-biggest bank.

To contact the editor responsible for this story: Alec McCabe at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.