Deutsche hires Nam for MBS trading

At RBS Greenwich Capital, Nam was responsible for pre-payment modelling, mortgage analytics and trading research. He will work in Deutsche Bank's mortgage-backed securities group, part of the global markets division in New York, and report to John Roach, head of mortgage derivatives trading. "Keeyeol's hire is part of a tremendous initiative we are undertaking to strengthen our capabilities in mortgage derivatives," Roach said. Deutsche Bank said it was not historically a big player in US mortgage-backed securities but has made a number of hires during the past 12 months. The team is now seven-strong including Nam.

Roach joined the German bank on October 7 last year, along with his superior, head of mortgage-backed securities Neil Ahuja.

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