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Bank of Georgia appoints new brokers after analyst shake-out

The move by the FTSE 250 company comes after changes in the sellside research teams covering its stock

The Bank of Georgia, the FTSE 250 Eastern European lender, has appointed two new corporate brokers after a number of switches in the sellside analysts covering its stock.

Numis Securities and RBC Capital Markets were announced as joint corporate brokers to the company this week. Oriel Securities and Seymour Pierce, now owned by Cantor Fitzgerald Europe, were previously the bank's corporate brokers.

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