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(George Doyle/Getty Images)

Element Financial hires structured finance team from Credit Suisse

Element Financial Corp. continues its expansionary streak, hiring six members of Credit Suisse Group’s structured finance team in the U.S. focusing on transportation.

Led by executive managing director Scott Corman, the group will be based in Stamford, Conn. where they will build on Element’s existing relationships with major rail and aviation companies, as well as bringing their own base of institutional investors such as U.S. life insurance companies, the company said Friday in a press release.