DBRS forms covered bond rating group

Toronto-based Dominion Bond Rating Service (DBRS) has formed a new covered bond rating group. The group will be jointly led by Thierry Sessin-Caracci, who recently joined from French mortgage lender Crédit Foncier de France, and Catherine Gerst, managing director of structured finance.

Both Sessin-Caracci and Gerst will be based in Paris. Gerst reports to Apea Koranteng, managing director, EMEA structured finance, and Sessin-Caracci reports to Sam Theodore, managing director of the financial

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