Peter Kravitz abruptly quit his job as legislative counsel to the Independent Bankers Association of America last week.

"He has decided to resign and to look elsewhere," said Kenneth A. Guenther, IBAA's executive vice president. The decision, he said, "rested largely with him." Mr. Guenther declined to elaborate on the reason for the departure, and Mr. Kravitz, who was on vacation, could not be reached.

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