RBS combines CDO/CLO business with MBS/ABS division in Asia

The move follows the December departure of Chris Hodgeman, Hong Kong-based head of structured credit and alternatives for the Asia-Pacific region. The bank does not plan to replace Hodgeman.

Previously in the same position at ABN Amro in Hong Kong, Hodgeman had replaced Stephen Wong, who left RBS in July.

See also: Banks cut staff in Europe and US
Government takes majority stake in RBS
RBS traders join Phoenix
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