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SSSB boosts German investment banking team

Schroder Salomon Smith Barney (SSSB) has appointed four former Merrill Lynch bankers to help build its German investment banking operations.

Marcus Scheibel joins as an associate in the bank's industrial manufacturing and automotive group, to work on M&A deals. Although he is based in London, about 80% of the work will involve German clients, according to a spokeswoman for SSSB.

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