The Securities Industry and Financial Markets Association (SIFMA) and the London Investment Banking Association (LIBA) announced that they are merging their London-based operations into a single, independent European organization.

Jonathan Taylor, LIBA’s director general will lead the joint groups. It is expected to be a unified, influential voice in issues affecting the international, European, and U.K. capital markets. The new body will also coordinate closely with SIFMA’s Asian and U.S. operationson global market and regulatory issues.

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