Chris Carnell, head of European ABS sales, Stuart Calnan, head of European ABS trading and Christian Aufsatz, head of European ABS research were among the most senior members to be put at risk.
Others include CMBS trader Benoit Vanpoperinghe and ABS researcher Dipesh Mehta. ABS trader Andrew Forester is moving to high yield and distressed debt along with another junior member of the team.