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Struggling Lazard Capital Markets Loses Staff to FBR

The New York firm is transferring 29 employees - including at least nine traders - to the Washington DC investment bank

Traders Magazine Online News, October 18, 2013

Peter Chapman

FBR & Co., a suburban Washington, D.C. investment bank, entered into an agreement with New York’s Lazard Capital Markets to hire away 29 equities staffers, the company announced earlier this week. The deal allows FBR to expand its research coverage.

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