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Barclays Capital snares Palache for ABS team

Barclays Capital has hired Robert Palache to be co-head of securitisation, ending weeks of speculation regarding his future.

Palache left Nomura International two weeks ago and is believed to have been in talks with several firms, including BNP Paribas and Lehman Brothers, as well as Barclays. He starts on July 9.

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