RMBS and ABS head takes over CLOs after Deutsche trading exodus

deutsche
By Will Caiger-Smith
28 Jan 2015

Deutsche Bank’s head of non-agency RMBS and consumer ABS trading has taken over CLO trading after the departure of Richard Rizzo last week. People familiar with the situation at the bank, which just priced its first US CLO of the year, say it is still fully committed to the business, but some investors are sceptical.

News of Rizzo's departure surprised CLO market participants when news of it emerged last week in a Bloomberg article

Rizzo, who was head of CLO and CDO trading at Deutsche Bank’s New York office, is a well-known face in the industry, and was mentioned in The Big Short, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.