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Securitization People and Markets

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  • UBS has hired ex-Goldman Sachs head Carsten Kengeter as the global head of fixed income, currencies and commodities within its investment banking unit.
  • New York-based investment firm Loeb Partners is looking to hire distressed analysts as it gets ready to increase its activity in trading bank debt, corporate receivables and other distressed asset classes, according to a market source.
  • Allison Taylor, the executive director and a founder of the Loan Syndication and Trading Association, has stepped down from her position and will serve as a senior consultant to the board of directors of the organization.
  • Bank of America has hired Neil Yaris as the head of high-yield sales and trading. He starts in November.
  • Dennis Magna, formerly managing director at Duke Capital Partners in Charlotte, N.C., has been tapped by HSH Nordbank to fill the role of senior v.p. in the syndications group.
  • Information Management Network has changed locations for its ABS East conference because of construction delays at the original site.
  • D.E. Shaw has hired Richard McKinney, formerly the head of securitized products at Lehman Brothers, to form a dedicated asset-backed securities group.
  • Allison Taylor, the executive director and a founder of the Loan Syndication and Trading Association, has stepped down from her position and will serve as a senior consultant to the board of directors of the organization.
  • Tim Nicolle, head of securitization for Central and Eastern Europe, the Middle East and Africa at Deutsche Bank, has left the firm.