JOB CYCLE

Bear Stearns has appointed Michael Winchall as its senior managing director in charge of the securities house's risk management group. The company has also named David Marren and Timothy Greene as co-managers of its fixed income department.

Canadian Imperial Bank of commerce has announced the hiring of Michael Capatides as general counsel and managing director of CIBC Wood Gundy, the bank's securities dealing subsidiary. According to a bank spokesperson, Capatides will be responsible for the

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