Mahon to run ABS for RBS

25 Apr 2011

Damon Mahon will be joining Royal Bank of Scotland’s syndicate desk to work on securitisation, filling the spot left when Tim Michael went to Citi in September last year. Harman Dhami has been covering FIG and ABS simultaneously, while volumes in the ABS market have been growing (65% up year on year, according to research from Société Générale).

“There’s been a full pick-up across the different ABS jurisdictions,” said a banker at RBS. “The idea is to have someone fully dedicated to securitisation, and enhance our presence in the resurgent market.”

He added that this was not related to the overhaul of RBS’s investment bank announced last ...

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