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Stocks Drop 1% as Fed Tapering Fears, Weak China Data Rattle Markets

UBS Loses Two Top Investment Bankers

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Published: Friday, 20 May 2011 | 12:46 PM ET
John Carney By:

Senior Editor, CNBC.com

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The fighting between UBS AG investment-banking chief Carsten Kengeter and the deal makers who work for his division has led to the defection of two more top dealmakers.
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BAC ---
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