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Jefferies hires Banc of America's head of power

Jefferies, the US mid-market specialist investment bank and securities firm, has hired the head of Banc of America Securities' power group to lead its own global power group.

Lane Genatowski will be a managing director at his new firm and will be based in New York. His new team will sit within investment banking and will focus on advising US power companies doing deals at home and abroad.

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