CIBC World Markets is shuffling responsibilities among its existing loan group following the Jan. 11 resignation of corporate lending co-headFrank Brittan.Richard Hassard, co-head of CIBC's credit capital markets arm and Brittan's ex-boss, confirmed Brittan's resignation and said it was for personal reasons, stressing that Brittan was not let go by the firm. Hassard noted that a decision on whether to replace Brittan has not been made. Brittan was responsible for lending within the capital market division. As of last week he had not joined another firm.
CIBC Splices Duties In Brittan's Wake