As the pace of leveraged buyouts slows, bankers who arranged the financing for the largest LBO deals in 2007 are departing. "Firms are deciding they are going to get out of leveraged finance or not focus on it so much," said Jeanne Branthover, head of the financial services practice for Boyden Global Executive Search. "Leveraged finance is one area especially where foreign banks and private-equity firms are taking advantage of the market."

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