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Clifford Chance is beefing up its fledgling Romanian presence with the transfer of London partner David Eatough to its Bucharest office.
Capital markets partner Eatough, who specialises in debt capital markets and hybrid and structured finance, will move to Bucharest on 23 July. He will work alongside office managing partner Daniel Badea of Badea Asociatii, Clifford Chance's associated firm in Romania. The magic circle firm entered Romania last year via the tie-up with the local firm.
Eatough, who said Eastern Europe is a fast growth region for capital markets, joined Clifford Chance in 1992 from NatWest Capital Markets, where he was head of the legal group. Prior to that he worked for Credit Suisse First Boston's investment banking team in New York and London. He made partner at Clifford Chance in 1997 and worked for the firm in Singapore and Tokyo between 1997 and 1999.
Commenting on Eatough's move, David Dunnigan, global head of capital markets at Clifford Chance, said: "The firm's capital markets practice has seen a lot of growth in Central and Eastern Europe and David's move will ensure we have the extra resource to continue to enhance our existing capabilities in this area."