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Trio exit Lehman's financial institutions group

Royal Bank of Scotland has recruited Lehman Brothers' most senior financial institutions bond syndicate banker in what is being seen as a "coup" for a bank looking to strengthen its investment banking division.

Jon Roase is one of a trio of capital markets bankers focused on banks and insurance companies to have left Lehman Brothers. Roase will join Royal Bank of Scotland's financial institutions bond syndicate desk on March 29.

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