Deutsche Bank Securities said today that John Critelli joined the firm as a director and senior structurer in the agency collateralized mortgage obligation (CMO) group. This is part of the continuing expansion of Deutsche Bank's U.S. residential mortgage group.
Critelli was formerly from Merrill Lynch, where he was in a similar position in Agency CMO structuring and trading since 2001. Prior to Merrill, he was at PaineWebber for more than six years trading passthrough MBS and structuring and trading Agency CMOs. He will report to Nicholas Letica, who joined Deutsche Bank in March as a managing director and head of agency CMO trading.