Career moves

American Banker sat down for an extensive exit interview with FDIC Chairman Sheila Bair, who will leave office on July 8. Following is an edited transcript.

Brokerage firm Laeken International plans to enhance its fixed-income and structured finance products focus by establishing a structured finance strategy and analytics team.

Ogier has opened an office in Shanghai, China in an attempt to increase its network and its presence across the globe, according to a press release by the firm.

The Private National Mortgage Acceptance Corp. plans to make a big splash in warehouse lending and late this week unveiled who will lead the effort -- Paul Szymanski, once a top warehouse executive at the number one player in that niche: Bank of America.

No matter your opinion of Sheila Bair, you always know where she stands.

After nearly a yearlong vacancy, the White House has finally tapped a new comptroller.

Tejas Securities Group, a wholly-owned subsidiary of Westech Capital Corp. hired Samir Shah as managing director and co-sales manager of structured products.

Taylor, Bean & Whitaker's (TBW) former chairman and CEO Lee Farkas was sentenced today to 30 years in prison for leading a $2.9 billion fraud scheme that brought down the top-ranked nonbank lender, and its chief warehouse backer Colonial Bank.

Allen & Overy opened a new office in Washington, D.C. with the addition of three new partners to boost its U.S. regulatory practice.

The Depository Trust & Clearing Corp. (DTCC) has appointed Noel Donohoe to the newly created position of executive managing director and group chief risk officer.

RBC Capital Markets named Charles Smith as a managing director in its U.S. leveraged finance investment banking group and Mark Goldstein as a managing director in its U.S. financial sponsors investment banking group.

Stephen Reilly, head U.S. loan trader at Nomura Securities International, has left the bank, according to a report by Bloomberg.

The EDHEC-Risk Institute has hired Frank J. Fabozzi to join the faculty as a part of its North American strategy, effective Aug. 1.

Bingham has hired Mark Dawkins, former managing partner of Simmons & Simmons, to help develop its securities and financial institutions litigation group based in London.

GNMA executive Christopher Haspel is, more or less, a household name to lenders and servicers that deal with the government agency, and soon will be wearing a new hat—that of the new Consumer Financial Protection Bureau (CFPB).

BNP Paribas announced several senior appointments within its fixed-income division as part of a strategic plan to build out its emerging markets and U.S. dollar capabilities.

Credit Suisse has hired Jason O'Brien as a U.K. ABS salesman. O'Brien, who starts working at Credit Suisse in mid-July, will report to Kevin Whyman, who is head of European ABS sales, according to a Credit Suisse spokesman.

Clydesdale & Yorkshire Bank Corporate & Structured Finance has reportedly hired a new corporate asset finance team in efforts to expand its services.

Continuing its string of new hires, Barclays Capital has appointed Kenneth Rosenberg as part of its securitization syndicate team.

Lazard has formed a new structured credit advisory team to help expand its capital structure advisory business. The appointments will be effective immediately.