Tom Glynn has resigned from Bayerische HypoVereinsbank (HVB) as of the New Year, marking the end of an era of sorts, as Glynn is credited with establishing HVB's strong presence in the securitization and derivatives space.

HVB has been in trouble ever since its credit began to deteriorate earlier this year to the low end of investment grade, mostly attributed to financial troubles in Europe. The German-based bank has been a strong underwriter nonetheless in the European market, bringing deals such as the series from the Provide and Promise platforms.

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