People Swaps

Wells Fargo Securities, an investment bank based in San Francisco, has hiredLane Genatowksi, Jefferies & Co’s most senior power banker, as partof its effort to build a power sector banking business in New York. Genatowksiresigned from Jefferies in early July after only 10 months at the firm. JaySchwartz joins Genatowksi in the new venture. Both men assume the title of managing director(regional manager) of corporate finance. Schwartz is a former colleague of Genatowksiat Banc of America

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