LOOSE CHANGE

LOOSE CHANGE

Canadian Imperial Bank of Commerce (CIBC) is starting a series of bi-weekly press conferences at its New York headquarters, 425 Lexington Avenue, beginning July 22 at 10:00 a.m. They are designed to allow Steve Bennett, CIBC's global FX and money markets chief, and his key lieutenants, talk about what's happening in the FX markets--which currencies are going where and why--then open up to questions, says a bank official. "These are designed on the theory that foreign exchange is a very compl

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