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Firm is building debt capital markets franchise in multiple directions
Specialist with over 20 years’ experience hired for new role
Banker moves to bigger EMEA bond house after four years
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The head of ABS and credit trading at Royal Bank of Scotland’s shrinking US arm in Stamford, Connecticut, has left the firm, according to a spokesperson.
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European high yield credit has lost a key market-making banker, say sources, as Goldman Sachs has moved a big name trader to its distressed business. -
Credit trading desks at banks have been swept by a tornado of job moves, as financial institutions specialists leave or jump to rival firms in a scramble to survive in a shrinking market.
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Broker-dealer Brean Capital has hired two new traders in New York to focus on opportunities within esoteric ABS asset classes and structured credit products.
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MS picks ABS trading head — CS's Shah takes over EM — UK corporate finance head quits BNPP — Lloyds hires for insurance DCM
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The head of ABS trading at Morgan Stanley in New York has left the bank, and been replaced by an internal hire.
