Bank analyst Moshe A. Orenbuch resigned from Sanford C. Bernstein recently to take a position at Donaldson, Lufkin & Jenrette.

During his 11 years at Sanford, Mr. Orenbuch, 34, covered finance companies and southeastern and midwestern banks. At Donaldson Lufkin he will focus exclusively on specialty finance companies, a sector that he says will "continue to achieve growth and profitability."

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