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Ricciardi takes structured team to Cohen Brothers

Chris Ricciardi, formerly global head of structured products at Merrill Lynch in New York, has jumped ship to client Cohen Brothers taking a team of six structurers with him.

Ricciardi takes over as chief executive officer of the Philadelphia-based firm from founder Daniel Cohen, who stays on in his other role as chairman. Joining Ricciardi from Merrill are Lars Norell, previously co-head of the bank's US structured credit products, now head of

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