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Securitization People and Markets

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  • The Bermuda Stock Exchange has joined the European Securitisation Forum.
  • Banc of America Securities has shuffled the responsibilities of some of its heads of its desks.
  • Shariah-compliant wholesale investment bank Gatehouse Bank has hired Michael Clarke as a director in its capital markets origination and structuring team in London.
  • Allen & Overy partner Paul Cluley is relocating to the firm’s London office within a month from Hong Kong.
  • Morgan Edwards, formerly a managing director at Bear Stearns, has joined Macquarie Capital Advisors as a managing director.
  • Jeff Kushner, managing director and head of managed products at BlueMountain Capital Management, is moving to London at the end of August to run the European BlueMountain office.
  • The Royal Bank of Scotland has moved David Nadelman, previously managing director of loan and high-yield markets, to the new position of head of leveraged loan and bond syndicate.
  • GoldenTree Asset Management is in the market with a fund that will buy collateralized loan obligation bonds trading at distressed prices.
  • Los Angeles-based JonesTrading Institutional Services is looking to hire two distressed or high-yield salespeople for its newly created distressed-debt trading network.