As part of a wave of job-hopping among regional bank analysts, James M. Schutz and William Channell, formerly with ABN Amro Inc., joined the Little Rock investment banking firm of Stephens Inc. on Tuesday.

"Bill and I came to Stephens because it gave us the opportunity to build a practice from the ground up," said Mr. Schutz, who was an ABN Amro bank analyst for six years. "Being able to launch a new office and initiate coverage in my specialty was an opportunity I could not pass up." Mr. Schutz will be vice president, and Mr. Channell will be research analyst. They succeed Eric Rothmann, who left the firm last month.

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