Rabo CDO Trading, Banking Heads Depart

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Rabo CDO Trading, Banking Heads Depart

Rabobank’s head collateralized debt obligation banker, Stan Stratton, and head CDO trader, Warren Tong, have both left the company.

--Aaron Johnson

Rabobank’s head collateralized debt obligation banker, Stan Stratton, and head CDO trader, Warren Tong, have both left the company. A banker at the firm confirmed the departures and said that the CDO team was being reorganized before deferring comment to Randy Himelfarb, managing director, who was not immediately available.

Robert Jacques, Rabobank’s head of CDO structuring, has also left the firm. Jacques only recently joined the bank in August from Credit Suisse, where he filled the same role (TS, 8/8).

Further details could not be gleaned by press time. A call and e-mail to a company spokeswoman were not immediately returned.

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