Janney Capital Markets has expanded the public finance unit in its New York City office with the hiring of two veteran bankers.

Joseph Bosch and Daniel Froehlich both arrive from the investment banking firm George K. Baum & Co. They will focus on public education and the nonprofit sectors on the issuer’s side for Janney, as well as local and state government organizations in New York, said Tom Henson, who manages public finance for the firm.

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