Barclays Capital is looking to hire a securitization banker to focus on originating asset-backed deals out of the growing Italian market. Allen Alpen, co-head of ABS financial institutions in London, referred queries to Michelle Cook, a spokeswoman in London. She confirmed the plans but declined further comment. The initiative indicates the bank's broader push into the Italian securitization market, which is evolving both in scope and size. Just last month, Banco Nazionale del Lavore began marketing a E2.2 billion residential mortgage-backed deal, its first and Italy's largest-ever RMBS deal (BW, 4/13).
Barclays To Add Italian ABS Banker