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Clydesdale Bank, a subsidiary of National Australia Bank, has named Graham Cunning head of the corporate and structured finance team in Scotland.
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Rod Dubitsky, head of asset-backed securities research at Credit Suisse, is headed for First American Corp., where he will be head of mortgage research.
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New York-based Hexagon Securities has hired Jared Sapirstein, a salesman at Citigroup.
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Richard Cohen, head of Asia credit trading at Morgan Stanley in Hong Kong, left the firm last week.
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Barbara Ricci, national sales manager of mortgages and asset-backed securities at UBS, is headed for Deutsche Bank.
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Simon Mullaly, an ex-head of distressed trading at Deutsche Bank in London, is working on launching a credit investment boutique along with Lars Lemonius, an ex-Morgan Stanley portfolio manager in London.
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The U.K. Financial Services Authority is planning to hire specialists in complex financial instruments such as derivatives, collateralized debt obligations and other structured products to help beef up its supervisory team.
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New York-based Vertical Capital Investment Advisors and Kensington Blake Capital, an Atlanta, Ga.-based advisory, have teamed up to form Vertical Capital Solutions.
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London-based Conduit Capital Markets, a boutique investment bank that specializes in structured products, is setting up a distribution team to sell credit and some equity structures, such as structured products, bonds and overlay products, to institutional clients.