Tuesday, July 10, 2007

CIBC Increases Credit-Swap Trading, Veritas Says

The GLobe and Mail, Tara Perkins, 10 July 2007Canadian Imperial Bank of Commerce's trading operations quietly made a dramatic push into credit derivatives last year, exposing the bank and its investors to greater potential risk, a Veritas Investment Research report says.The report from the independent research firm sheds light on the difficulty that analysts and investors are having when it comes

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