Career moves

Jean-Pierre Mustier, the former head of corporate and investment banking at Societe Generale, will join UniCredit as deputy general manager and CIB chief, the Italian lender announced Thursday.

BMO Financial's capital markets group has hired three senior fixed-income professionals to continue the expansion of its global and U.S. fixed-income institutional sales and trading groups.

Royal Bank of Scotland (RBS) appointed Scott Eichel has been appointed global head of securitized products and head of U.S. credit for its markets franchise within its global banking and markets unit.

The Federal Deposit Insurance Corp. (FDIC) Friday named Michael Krimminger, a close aide to Chairman Sheila Bair, as the agency's new general counsel.

Credit Suisse hired Dale Westhoff as the global head of structured products research. Westhoff. who will be based in New York, will focus on MBS, ABS and other structured products.

Stroock & Stroock & Lavan hired Conrad Bahlke as a partner in the derivatives and commodities group in New York.

Sallie Mae appointed Paul Thome as president of the Sallie Mae Bank. He has 37 years experience in banking and financial services leadership. He was most recently Sallie Mae’s senior vice president of business finance and procurement.

Michael Callen, executive chairman of bankrupt bond insurance holding company Ambac Financial Group, announced his resignation Friday afternoon.

BNP Paribas said on Monday its corporate and investment banking group unveiled an official institutions coverage team for the Americas that will be headed by Timothy Bitsberger, a former U.S. Treasury Department official and treasurer of housing giant Freddie Mac.

The White House's removal of Joseph Smith as a nominee to be the director of the Federal Housing Finance Agency (FHFA) does not bode well for an administration facing so many regulatory jobs to fill, observers said Friday.

Now that the President's first pick to be the new GSE regulator has bowed out due to Republican opposition, the White House will likely appoint an administration official who has already been confirmed by the Senate to run the agency.

Sen. Rand Paul, the newly installed 'Tea Party' senator from Kentucky, wants to eliminate the Department of Housing and Urban Development (HUD), saying the agency played a key role in the housing crisis by implementing policies that "expanded risky mortgages," including subprime loans.

Chapman and Cutler hired James Croke and Peter Manbeck, previously from Orrick, Herrington & Sutcliffe, as partners in the asset securitization group in its New York office.

Boutique invesment bank Williams Capital Group (WCG) hired Joseph Fichera, who is chief executive officer of Saber Partners, as senior advisor to the firm.

Wall Street trading floors are not known for decorum. But it is striking how often a particular profanity turns up in those internal e-mails that become public after markets crash.

Cadwalader, Wickersham & Taft hired Joseph Beach for its Charlotte office as special counsel in the capital markets department. His practice will focus on loan finance and securitization.

Martin Fingerhut, previously a partner at Blake, Cassels & Graydon's (Blakes) financial services group and chair of the law firm's structured finance group, is moving to Cassels Brock & Blackwell, another Canadian law firm based in Toronto. Fingerhut was hired as a senior partner and head of the firm's securitization group.

Michael Blum was named president and CEO of ORIX USA Asset Management, a subsidiary of ORIX USA Corp.

Eileen Rominger has been named to lead the Securities and Exchange Commission’s (SEC) investment management division.

Golub Capital hired Daniel Posner to develop and lead new credit strategies later this year.