CHICAGO Rating agency veteran Joseph O'Keefe has joined the ranks of public finance investment bankers. Hoping to capitalize on his 25 years covering government credits at Fitch Ratings and Standard & Poor's, he is opening a new Chicago office for the Youngstown, Ohio-based Butler Wick & Co.

O'Keefe, 53, this week started working for the firm as a vice president in investment banking. His hiring comes four months after his position as a senior analyst covering local governmental credits at Fitch was cut as part of company-wide layoffs that stemmed from the agency's declining revenues in its structured finance business.

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