Career moves

Mike Perry, who led IndyMac Bancorp until its collapse in 2008, is trying to rehabilitate his image, waging a public campaign rarely seen from an executive of a failed bank.

A verdict in Los Angeles Superior Court Friday has conjured up a shared happy ending between DoubleLine Capital CEO Jeffrey Gundlach and his former employer The TCW Group after more than two years of legal wrangling.

Wilmington Trust added five capital markets professionals to serve clients in Wilmington, Del., Los Angeles, Calif., and Dallas, Texas.

Bill Beckmann begins each week with a flight from his home in St. Louis to Washington, D.C. The weekly flights have become a routine of sorts since he took on a job that of late, has become among the most daunting among executive jobs in the mortgage industry, president and chief executive of Merscorp.

Three officials – including chief operating officer Craig Wildrick – recently left Alonhill, an independent third-party mortgage review firm based in Denver.

Bingham McCutchen is expanding its presence to California by hiring Dan Passage in the firm's Los Angeles office.

DBRS hired David Sánchez Rodríguez for its structured finance group as assistant vice president.

Lloyds has hired a veteran of the high yield market and leveraged finance to head up its high yield capital markets group, according to reports.

Juergen Stark is set to announce his retirement as chief economist of the European Central Bank (ECB), according to several market reports.

KGS-Alpha Capital Markets hired Robert Piano for the firm's new ABS team. Piano joins from Barclays Capital after nine years in the bank's asset securitization group, where he was most recently a director specializing in esoteric asset deals.

Prudential Mortgage Capital Co. appointed Scott Heath to its Atlanta office as a loan officer covering the mid-Atlantic, southeast and southwest regions.

Frank Byrne was let go last week as UBS' head of structured-products underwriting and origination, 18 months after he was hired to spearhead growth in those areas, according to sources familiar with the situation.

Stephen L. Ledbetter, senior vice president of MBS for the Ginnie Mae, is leaving the agency for a senior position at the Federal Deposit Insurance Corp. (FDIC), according to officials familiar with the matter.

While the sudden departure of Bank of New York Mellon CEO Robert Kelly late Wednesday might have come as a surprise to some industry observers, it was actually a change Rochdale Securities Bank analyst Dick Bove called for two weeks ago.

Bank of America Merrill Lynch has named new coheads of its global leveraged finance group, according to an internal memo.

It's been a brutal time for executives in structured finance departments across Wall Street since the 2008 financial crisis.

Bank of New York Mellon Corp. said late Wednesday that Robert P. Kelly had resigned as chairman and chief executive due to differences with the board "in approach to managing the company."

Larry McDonald has joined Newedge's corporate credit sales desk as a senior director.

3Point Asset Management, Irvine, Calif., has hired Ron Millar as AVP in charge of sales and trading.

In November of 2009, Charles Taylor, director of the Pew Financial Reform Project, wrote a letter to the editor of Financial Times advocating higher capital requirements for banks.