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Move is second recent high level ECM switch after Deutsche Bank poached Tom Swerling
Hire follows launch of new asset backed finance fund
Dedicated EM impact investing is still at small scale
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Two firms are vying to lead European investment banking pack -
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Peter Troisi takes over as CEO, while resi credit head is one of four promotions to partner
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Entrepreneurship has been driven out by rule-following
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Long decision process leads to elevation of loan market veteran
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Departures preceded syndicate resignation
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