Rabobank has hired Steve Swallow as director of credit for its structured investment vehicle. He joins from Barclays Capital where he was an associate director covering European commercial mortgage-backed securitizations and whole business deals. Swallow, who left Barclays earlier this month, joins a former Abbey National colleague, Alistair Lumsden, according to people familiar with the move. Rabobank is seeking an additional portfolio manager for the SIV, which will bring the team to six. Lumsden and William Lloyd, managing director and global head of securitization research at Barclays, declined to comment. Barclays has six securitization analysts based in London. Swallow could not be reached.
Rabobank Scores Barclays Researcher