The Royal Bank of Scotland has hired Thierry Sebton, Mizuho Corporate Bank's second-in-command in its structured finance department, and two of his junior colleagues, whose names could not be ascertained as of press time. They are joining RBS' asset-backed securitization team and will report to Philip Basil, head of ABS. Basil refused to answer any questions about the hires, where they fit into the ABS department's plans or who, if anyone, they replaced. A RBS spokeswoman did not return calls by press time. A spokesman at Mizuho confirmed Sebton's departure to RBS, but declined further comment.
RBS Hires Trio From Mizuho