Deutsche Bank has combined its ABS and its capital management divisions, according to published reports.

The merged global structured credit products team  is run by Frank Byrne in London and Elad Shraga, who is based in New York.

Byrne was previously co-head of the securitized products group. Shraga was in the principal finance group that bought and traded asset ranging from metals to power plants.

The new team is part of the bank's credit-trading business, run by Colin Fan in London and Boaz Weinstein in New York.

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