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Oppenheimer’s Whitney resigns

Meredith Whitney, the analyst whose prescient bearish warnings on Citigroup and other banks have earned her a strong following, has left Oppenheimer & Co to set up her own research and advisory firm, reports the FT. Whitney, 39, who starts work Thursday at Meredith Whitney Advisory Group, plans to build an advisory business specialising in banks and will apply for a broker-dealer licence. Reuters adds that Whitney is married to John Layfield, a World Wrestling Entertainment champion.

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