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Investment bank Cavendish puts jobs at risk amid dearth of UK IPOs

Investment Banking Editor

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Cavendish is set to eliminate around 10 jobs as City investment banks continue to pare back costs amid a drought in UK IPOs.

The UK focused investment bank informed employees of the move earlier this week, according to people familiar with the matter. 

City investment bank Cavendish cuts 10 jobs amid dearth of UK IPOs

The new investment bank has pared back costs as equity capital markets activity has remained low

Paul Clarke

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