
HSBC goes on a hiring spree for its ABS group
HSBC has hired six people for its asset-backed securities (ABS) group in New York, as part of an ongoing effort to build this area of its business.
Robert DiOrio, a managing director and head of real estate securitisation - Americas, joins from CDC Ixis Capital Markets North America. Alice Koo, a senior vice-president and head of ABS product management - Americas, joins from Citigroup Asset Management. Cyrus Moehbbi, a managing director and head of ABS analytics and structuring - Americas, joins from ABN Amro, as does Caroline Morrill, managing director and head of ABS syndicate for the Americas.
Two more managing directors, Jeffrey Moses and George Smith, have moved from Bear Stearns. They join HSBC as head of transportation and equipment securitisation for the Americas, and head of Americas ABS trading, respectively.
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