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Securitization People and Markets

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  • Two former portfolio managers at Highland Capital Management, David Walls and Michael Rich, have started their own investment firm, Three Seas Capital.
  • Two former portfolio managers at Highland Capital Management, David Walls and Michael Rich, have started their own investment firm, Three Seas Capital.
  • Citadel Securities, the investment banking and multi-asset-class market-making arm of Citadel Investment Group, is set to unveil an expanded credit trading platform next month and has tapped a handful of professionals with credit derivatives backgrounds for the launch.
  • A Bank of America residential mortgage-backed securities researcher, Hassan Qumber, has resurfaced at Credit Suisse.
  • London-based advisory boutique Devon Capital Management is looking for a collateralized debt obligation analyst as it expands its CDO analysis team.
  • Robert Abdel-Malak, the cfo of global securitized products at Bank of America Merrill Lynch, has joined Nomura Securities in New York.
  • A collateralized mortgage obligation trader at Bank of America, Manish Kumar, is headed to Deutshe Bank.
  • Joe Brosnan has joined FBR Capital Markets’ new credit sales and trading platform as a senior v.p. and desk analyst.
  • Deutsche Bank recently tapped Grace Wong, executive director of credit sales from Morgan Stanley, for a similar sales role within the German firm.