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Executive has worked for the bank since 1998
Bank’s quest to regain its former status in Europe is making headway, after heavy investments
Hire follows senior bankers quitting
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Francis one of a pair of senior departures
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David Saitowitz's responsibilities will include investing in CLOs
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Pair have backgrounds in leveraged finance and corporate debt
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Andrew Powderly joins in London from ICBC
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Each firm will keep own clients, units in 'multi-year' integration