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Securitization People and Markets

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  • The Federal Deposit Insurance Corp. has recently hired some senior participants in the securitization market for its capital markets division.
  • Benjamin Velazquez, head of project finance loan syndications for the Americas at Standard Chartered Bank in New York, is set to leave the bank following a restructuring.
  • Bank of America Merrill Lynch has hired Michael Guy as managing director and co-head of distressed sales and trading in Europe, the Middle East and Africa.
  • Fitch Ratings has hired Charles Gamm as a senior director to head its Canada office, which is located in Toronto.
  • The National Association of Insurance Commissioners has approved commercial mortgage-backed ratings from Realpoint, designating the Horsham, Pa.-based rating agency as an acceptable rating organization.
  • Hoare Capital, a London-based boutique brokerage, is looking to expand its asset-backed securities team with a senior ABS sales hire by the end of October.
  • Vertical Capital Solutions, a New York-based advisory company, has brought on Jason Howell as a partner.
  • James Simeons has joined Fitch Ratings as the senior director for asset-backed securities business development in Europe, the Middle East and Africa.
  • Vining Sparks, a Memphis, Tenn.-headquartered broker-dealer, is gearing up to hire up to 18 mortgage-backed securities salesmen for its New York office.