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The London Investment Banking Association and SIFMA Europe announced the joining of their London-based operations into a single European organisation.
LIBA’s Director General Jonathan Taylor will lead the new association. As market and regulatory developments increasingly take place on an international stage, a global-facing organisation is the optimum structure to serve best members’ interests, both associations state.
The new European entity will be linked with a new body, the Global Financial Markets Association (“GFMA”), which will address global strategy. Tim Ryan, CEO of SIFMA