Barclays Capital celebrated its first-ever lead mandate for an auto loan deal last week, bearing the fruit of last year's hiring away of three bankers from Salomon Smith Barney. AmeriCredit priced $1.6 billion of subprime retail auto loan-backed paper, with Credit Suisse First Boston jointly running the books with Barclays at levels that moved in approximately two basis points from initial guidance.

The hires, all of which occurred last July, included a trio of bankers from Salomon: Thomas Dang, focusing on structuring and analytics, as well as Jay Kim and Mark Sun, bankers in the auto loan and credit card sectors. All are associate directors with the bank. Joseph Astorina was also hired from Fitch to work with both Kim and Sun on auto deals.

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