Dan Keating, former head of Bear, Stearns & Co.'s public finance group, has joined Samuel A. Ramirez & Co. as chief operating officer in charge of public finance, sales, and trading, the firm announced earlier this week.

With the move, Ramirez becomes the latest firm to position itself to capitalize on turmoil at Wall Street banks. Keating brings with him three other professionals from Bear Stearns, which JPMorgan acquired earlier this year.

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