Career moves

New York's top banking regulator Benjamin Lawsky, who used his leverage to stiffen penalties against some of the world's largest financial institutions, will probably step down next year to take a job in the private sector.

Industry veteran David Applegate will serve as the first chief executive officer of their common securitization platform.

Citigroup has hired Garo Torossian as European head of distribution for RMBS, a newly created role at the bank.

Tim Keast, will join Situs as executive managing director. He will head a new division, focused on due diligence and risk advisory for residential, consumer, SME and other structured finance products.

The incoming president of the EU, Jean-Claude Juncker has nominated Lord Jonathan Hill of Oareford to oversee Europe's financial services sector.

Cantor Fitzgerald nabbed two bankers from Royal Bank of Scotland’s U.S. offices.

Ally Financial announced a shuffling Wednesday at the top of its dealer financial services business.

Guggenheim Securities tapped hired Mario Verna as a managing director in its fixed income group, focused on CLO originations.