CIBC's Nielsen Aims To Build New Focus On Forex In New York


Canadian Imperial Bank of Commerce (CIBC) is planning to increase its strength in New York by building a non-Canadian dollar spot desk, a currency options desk and a proprietary FX desk. CIBC also plans to enhance its corporate FX capabilities in the U.S., sources say.

To lead this effort, the bank recently hired Peter Nielsen from Bank of America in Sydney to head its New York treasury operation (FX Week, June 7). Nielsen says he plans to increase the bank's foreign exchange presence in New York

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: