Dominion Bond Rating Service is planning to double its London-based structured finance team by year end. The Toronto-based rating agency launched its European business last month and currently has a staff of 10 but is in the process of hiring quantitative analysts for ratings, surveillance and research roles, said Kai Gilkes, managing director in London.
Credit market observers say the agency has started on the right track by bringing in the likes of Gilkes, who prior to joining DBRS in May (DW, 5/5) led the quantitative analytics team at Standard & Poor's in London.
