TORONTO, Dec. 12, 2012 /CNW/ - Bloomberg Markets has named CIBC's Chief
Economist Avery Shenfeld as the top forecaster of the Canadian economy
over the last two years.
No other bank economist ranked among Bloomberg's Top 3 forecasters of
the Canadian economy for the two-year period ended on Sept. 30.
Meanwhile, MarketWatch has selected CIBC as the most accurate forecaster
on U.S. economic indicators for the month of November. CIBC also won
the monthly award in August.
"These awards illustrate the strength and depth our economics team and
why they are among the most sought-after experts by our clients," says
Richard Nesbitt, Senior Executive Vice-President, CIBC. "We applaud
Avery Shenfeld and CIBC Economists Emanuella Enenajor and Andrew
Grantham who contribute to the Canadian and U.S. forecasts that are the
subject of these awards. Also making key contributions to our team's
top notch economics coverage are Deputy Chief Economist Benjamin Tal
and Senior Economists Peter Buchanan and Warren Lovely."
CIBC's wholesale banking business provides a range of integrated credit
and capital markets products, investment banking, and merchant banking
to clients in key financial markets in North America and around the
world. We provide innovative capital solutions and advisory expertise
across a wide range of industries as well as top-ranked research for
our corporate, government and institutional clients.
SOURCE: CIBC World Markets
For further information:
Tom Wallis, Communications and Public Affairs at 416-980-4048, firstname.lastname@example.org