Deutsche Bank names Lippmann head of ABS trading

Deutsche Bank has appointed Greg Lippmann, already head of collateralised debt obligation (CDO) trading, as global head of trading and syndicate in asset-backed securities (ABS).

Lippmann, based in New York, has been global head of CDO trading and North American head of ABS trading and syndicate since June 2004. He reports to Richard d'Albert, head of the bank's securitised product group.

The bank said that, in his six years in the group, Lippmann has been instrumental in developing ABS and CDO platforms, and led the development of the single-name ABS credit default swap and ABSX index trading platforms.

In the same group, Kevin Flaherty has been appointed head of syndicate for ABS in Europe, and Greg Branch, a senior CDO trader, has been named as a senior ABS trader. Both will report to Lippmann from London.

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