Gloomy outlook forces credit analysts to jump ship

As the credit crisis worsened in March to claim fresh victims among major investment banks and high-flying hedge funds, one group of specialists is becoming increasingly notable by their absence in the new market landscape.

Credit analysts - once the indispensable buttresses supporting the entire business of trading and investing in credit - are leaving banks in London in droves as clients continue to sit out depressed and illiquid markets.

Some of those who have left in the first quarter have

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