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Alantra’s Italian dealmaking boss laid off as it shifts investment bank model

Around five staff are expected to depart in the country

Alantra has downsized its Italian dealmaking team
Alantra has downsized its Italian dealmaking team Photo: Francesca Volpi via Getty Images

Alantra has laid off its top dealmaker in Italy as the bank shifts its investment banking model amid a tough time for the sector.

The bank has dismissed Carlo Dawan, executive chair of Alantra Italy, according to an announcement sent to clients seen by Financial News. He has been replaced by Stefano Bellavita, who is currently a managing partner in the country.

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