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Cantor Fitzgerald plans to hire 1,000

The chief executive said Cantor can expand while big banks contract because of the 'structural change in the financial landscape'

Apparently it pays to be a small fish in a big pond. Cantor Fitzgerald, a smallish investment bank that's private, still plans to hire 1,000 people in the next several years, said chief executive Shawn Matthews, expanding the investment bank's head count from 1,600.

Including its affiliates such as BGC Partners, a brokerage operation, Cantor employs 8,000 people.

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