CHICAGO — Chicago-based Loop Capital Markets LLC has hired Alexander Rorke, the former manager of UBS’ Chicago public finance banking group, to lead its municipal banking group with the charge to move the firm up into the ranks of top senior managers.

“We have had a significant amount of growth over the last year and moved up in the rankings, and I felt we really needed a trained banker who was also a proven leader” to manage the group, said Loop chief executive officer Jim Reynolds. “Alex’s charge is to take the foundation and grow it to put us in the ranks of major senior managers.”

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