A page 6 article Monday, "Canadian Imperial Takes 18 U.S. Treasury Specialists Off Warburg's Hands," was mistaken in saying 50 high-yield debt specialists from Argosy Group had joined Canadian Imperial Bank of Commerce. The Fed has yet to approve the acquisition of Argosy.

The article also misstated the name of the bank's corporate wholesale and capital markets operation. It is CIBC Wood Gundy.

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