Career moves

It has not even been a week after news broke that Jay Kim, co-head of Barclays Capital's U.S. asset securitization team, will be moving to Credit Suisse in May to head up the bank's asset finance team, bringing with him around 10 Barclays bankers.

Credit-Based Asset Servicing and Securitization (C-BASS) founders Bruce Williams and Saul Sanders are talking to mortgage banker New Penn Financial in Plymouth Meeting, Pa., about buying the company, according to three sources familiar with the deal.

Credit Suisse hired Eric Miller as a managing director and head of fixed-income research globally effective in June.

Ticonderoga Securities has launched a fixed income group with hires from Cantor Fitzgerald and Goldman Sachs, the New York-based firm said today.

Conyers Dill & Pearman boosted its Moscow office by moving senior corporate and finance lawyer Claire McConway from its Bermuda location where she was an associate.

Jay Kim, co-head of Barclays Capital's U.S. asset securitization team, will be moving to Credit Suisse in May to head up the bank's asset finance team. He will be bringing around 10 Barclays bankers with him.

King & Spalding hired Scott Stengel, who specializes in bank regulatory, capital markets and restructuring matters, to the firm’s capital transactions and real estate practice in Washington, D.C.

Freddie Mac late Thursday said Donald J. Bisenius, executive vice president of its single-family credit guaranty business, received a 'Wells Notice,' which means the Securities and Exchange Commission (SEC) is considering filing civil charges against him.

Sallie Mae hired Kenneth Fischbach as director of capital markets. In his new role, Fischbach will assume the capital markets responsibilities of Jonathan Clark, who was appointed chief financial officer in January and now the firm's executive vice president & CFO. Additionally, Fischbach also continue to manage the student lender's rating agency relationships.

Dechert hired Lawrence Berkovich as counsel in its finance and real estate (FRE) group. He was most recently special counsel at Cadwalader, Wickersham & Taft.

Oak Hill Advisors hired Chris Cereghino as a managing director in its client coverage team. Based in New York, Cereghino is responsible for business development and relationship management at the firm along with a team of other professionals.

Ginnie Mae's MBS program has experienced unprecedented growth the past two years and now the agency wants to nearly triple its allotment for salaries to $30 million, allowing it to hire additional staff while reducing its dependence on outside contractors.

Federal prosecutors have ended their criminal investigation of former Countrywide Financial Corp. (CFC) chairman and CEO Angelo Mozilo, after deciding that his actions managing the nation's largest lender did not constitute criminal behavior, according to a report in The Los Angeles Times.

The Treasury Department has tapped a former Wall Street managing director to be in charge of the research, markets and regulation arm of the new Consumer Financial Protection Bureau (CFPB).

Jay Hohman is a leaving StormHarbour Partners where he was director with the primary responsibility for the sale of fixed-income products to institutional investors.

The House Committee on Oversight and Government Reform late Wednesday issued a subpoena, asking Bank of America to hand over all documents related to Countrywide Financial's 'Friends of Angelo' (FoA) program by March 7.

BTIG has expanded its high yield and distressed desk analytics group by hiring Elie Radinsky and Mark Palmer.

Bank of America hired former Saxon Mortgage CEO Tony Meola as a default servicing executive in its mortgage division.

Kondaur Capital Corp., an active player in the nonperforming loan market, Monday slashed its staff by 39%, saying it is having a hard time finding enough available product to purchase.

Information provider CoreLogic said that Anthony "Buddy" Piszel has resigned as the firm's CFO effective immediately.