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Securitization People and Markets

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  • Bank of America has hired Alessandro Mele as head of continental European origination in the firm’s global asset-backed securitization effort.
  • WestLB has lost one of its securitization bankers. David Hough has left the bank and is reportedly headed for a hedge fund.
  • Commercial Industrial Finance Corp. will begin issuing European collateralized loan obligations starting this year after opening a London office.
  • Jefferies Finance has hired Steve Goetschius from North Fork Business Capital to spearhead an expansion into larger corporate leveraged loans and work with Babson Capital in starting a standalone collateralized loan obligation business.
  • Thornburg Mortgage today launched Foreign National, a program that allows non-U.S. citizens to access the mortgage lender's products.
  • Centerline has hired John Trentos to lead the company’s new collateralized loan obligation business.
  • Patrick Wallace, head trader at Société Générale, has left the French bank and is joining GE Capital as a dealer trading both senior and junior loans.
  • Patrick Wallace, head trader at Société Générale, has left the French bank and is joining GE Capital as a dealer trading both senior and junior loans.
  • Jefferies Finance has hired Steve Goetschius from North Fork Business Capital to spearhead an expansion into larger corporate leveraged loans and work with Babson Capital in starting a standalone collateralized loan obligation business.