SPG is to be headed jointly by Richard D’Albert, who will focus on the US, and Michael Raynes, who will oversee Europe. Other regional heads are Raj Shourie, who heads Asia, Glen McDowell, in charge of Australia, and Naohiro Nishida, who runs Japan. They will report jointly to D’Albert and Raynes, as will Zeitlin.
Deutsche Bank said the first quarter this year was the best quarter ever for the securitisation business. “With SPG and ITC coming closer together, the synergies that exist between asset sourcing, structuring, distribution and alternative forms of credit derivatives exits will lead to further benefits for our clients,” said Misra.
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Industry hails potential US relaxation of margin timing rules