RMBS and ABS head takes over CLOs after Deutsche trading exodus

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RMBS and ABS head takes over CLOs after Deutsche trading exodus

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Deutsche Bank’s head of non-agency RMBS and consumer ABS trading has taken over CLO trading after the departure of Richard Rizzo last week. People familiar with the situation at the bank, which just priced its first US CLO of the year, say it is still fully committed to the business, but some investors are sceptical.

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