HSBC in London has hired Chris Rigby, an official on the securitization team at Lloyds TSB Bank in London, as a manager in the structured capital markets team. He starts next week and will report to Scott Dickens, head of asset-backed securitization and structured finance.
Dickens said Rigby will focus on structuring and execution of term asset-backed securitizations for financial institutions. The hire is part of the continuing growth of the asset-backed team at HSBC (BW, 1/10), and comes on the heels of Maurice Dostal's hire for the commercial mortgage-backed area (BW, 1/17).
At Lloyds, Rigby reported to Mark Escott, director in the securitization team. Escott was out of the office last week and could not be reached for comment.