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Hire follows senior bankers quitting
Former Barclays executive likely to leave the bank
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Barclays and Citi are following rivals in scrapping the bonus cap for material risk takers in London. But after a decade of salary increases, the outcome could prove better for banks than for bankers -
Firm cuts two senior bankers from its UK investment banking team while the head of bank research team has resigned.
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Alex Martin joins Milbank's alternative investment team after John Goldfinch's departure
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Elsewhere, Nuveen recruits new CLO MD and Arini promotes from within
