Berenberg closes US research team.

Global Banking News-October 25, 2023--Berenberg closes US research team

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Global Banking News - 25 October 2023

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German bank, Berenberg has announced that it has closed its US mid-cap research team in New York.

The decision will lead to the loss of about 20 jobs. The firm currently has about 40 staff in the US. It will no longer have a team dedicated to US stocks.

Berenberg has been covering US stocks for over five...

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