Jefferies hires Paillard for ABS sales

Jefferies, the global securities and investment banking group, has hired Cyril Paillard as managing director in mortgage-backed and asset-backed securities sales. Paillard joins from Royal Bank of Scotland, where he was head of credit secured products and solutions sales. Prior to RBS, Paillard worked at ABN Amro, where he was head of fixed income sales for France and head of credit and alternatives sales for EMEA. Paillard, who will be based in Paris, will cover institutional clients in Fran