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Securitization People and Markets

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  • Jim Stehli, former global co-head of collateralized debt obligations at UBS, has joined CRT Capital, a Stamford, Conn.-based broker dealer, to launch a new CDO effort.
  • Stephen Condon, manager of the securitization group at the U.K. Financial Services Authority’s prudential risk division, has joined the U.K. Asset Resolution, the bad bank arm of the government-owned banks Northern Rock and Bradford & Bingley.
  • The European Securities and Markets Authority is expanding its credit rating agency, derivatives and asset management expertise, and this week has begun hiring for its Markets and Intermediaries Division.
  • Scott Eichel, Stamford, Conn.-based global co-head of mortgage and asset-backed trading at the Royal Bank of Scotland, has been promoted to global head of securitized products and head of U.S. credit.
  • Ambra Paterno-Castello, a commercial mortgage-backed securities trading head at Deutsche Bank in London, has switched roles within the firm to a standalone desk.
  • Credit Suisse has hired Dale Westhoff, former head of consumer modeling at JPMorgan, as its global head of structured products research in a bid to promote its mortgage securitization analytics model.
  • Securitization duo James Croke and Peter Manbeck have joined the New York office of Chapman and Cutler as partners focusing on a range of asset classes, including the growth of the firm’s asset-backed commercial paper conduit business.
  • Tim Skeet, ex-managing director and global head of covered bonds at Bank of America-Merrill Lynch in London, has joined fixed-income brokerage advisory firm Amias Berman & Co. in an advisory capacity as a consultant.
  • Broker-dealer Newedge has hired Bill Blain and James St. Johnston in its London office as part of its securitization and structured credit business.