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Securitization People and Markets

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  • Doug McGregor and Mark Standish have been named co-ceos of Royal Bank of Canada’s capital markets division.
  • Delray Beach, Fla. boutique investor Vanquish Capital has brought on Ryan Sadorf as cfo to replace Alyssa D’Amore, who left in August along with three portfolio managers (TS, 9/2).
  • John Uhlein, chief of U.S. structured finance at Ambac, is leaving the company.
  • An ABX trader at UBS, Michael Boyle, has left the bank.
  • Barclays Capital will not be taking over Lehman Brothers’ loan book as part of its acquisition of some of the firm’s businesses.
  • Christopher Hoeffel, a senior commercial real estate executive who earlier this month resigned from JP Morgan, has landed at New York-based Investcorp.
  • SecondMarket plans to extend its secondary marketplace for illiquid assets to other asset classes, including trust preferred collateralized debt obligations in the fourth quarter.
  • The merger of investment banks will also put the squeeze on the law firms that do business with them.
  • Barclays announced it has reopened the banking and advisory businesses of Lehman Brothers Holdings after the acquisition of most of the firm’s North American businesses was approved by a bankruptcy court Saturday.