Enron's Syndication Head Joins CIBC

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Enron's Syndication Head Joins CIBC

Enron Credit's London-based head of syndication has left the company and will soon be landing at CIBC World Markets. Rabin Barker-Bennett will join CIBC's debt capital markets group in London at the end of the month, according to an official familiar with the move. Lisa Russell, a CIBC spokeswoman, did not comment and Barker-Bennett could not be reached.

Other members of Enron Credit's team have also landed at London-based investment banks. Nigel Price, a structurer, confirmed he has joined Credit Lyonnais in a similar position--trading collateralized debt obligations and credit derivatives--as has Simon Brooks, a flow trader. Will Robinson, also a credit structurer will land at UBS Warburg, also in a similar position. Robinson could not be reached for comment, but a UBS spokeswoman confirmed his hire.

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