Kevin Jackson, previously a director in convexity products at Bank of America Merrill Lynch, will be joining Wells Fargo Securities as part of the firm's efforts to bolster its residential financing, origination, and trading activities.

In his new position, Jackson — who joined Merrill in August 2007 — will be a director, specified pool trader and desk strategist. The new hire, who will be officially joining Wells Fargo in two months, will be reporting to Joe Gaziano, who is managing director and head of passthrough trading at Wells.

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