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Equity

Closure spells end for emerging ECM at ING

ING has shut down its Central and Eastern European ECM business, resulting in its London-based team of seven led by Natalie Bachich de Recina leaving the bank. The decision, which was announced to the team last Friday, followed the bank’s closure of its entire CEE cash equities operation at the start of October, with the loss of about 100 jobs.

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