The Royal Bank of Scotland has hired a head of leveraged finance for Spain. Beltrán Paredes joins from Dresdner Kleinwort Wasserstein, where he was head of the acquisition finance team in Spain, according to a firm spokeswoman. Also joining RBS in Spain is Rocio Cuenca-Torres as a director. Cuenca-Torres, who is transferring from the Paris office, will be responsible for acquisition and mezzanine finance activities in Spain and Portugal. Both will report to Eric Mallaroni and Euan Hamilton, co-heads of leveraged finance in London. Calls to a DrKB spokeswoman were not returned by press time. Calls to RBS' Mallaroni seeking further comment on RBS' strategy also were not returned. Earlier this month, RBS said it was building its debt capital markets capabilities in France and would be leveraging its established leveraged finance practice as part of that initiative (BW, 1/7).
RBS Hires Leveraged Finance Director For Spain