Global securities and investment banking firm Jefferies hired James Fadel as a managing director and head of European structured debt capital markets in London.
The new hire will be responsible for the origination, execution and syndication of structured products, such as MBS and ABS.
Fadel has over 28 years of experience. This includes an over twelve-year stint at Morgan Stanley in New York and London, where he was a managing director and head of European ABS and RMBS.
He was also formerly a managing director and head of U.S. ABS at Prudential Securities in New York. Before that, Fadel was a vice president for MBS at Citigroup.
"The addition of Jim to lead our Structured Products Capital Markets business in Europe is an important next step as we continue to globalize our client offering and leverage our international distribution platform," said David Weaver, president of U.K. subsidiary Jefferies International. "Jefferies’ successful global ABS/MBS sales and trading business coupled with Jim’s significant experience and track record will enhance the scope and quality of our European MBS/ABS footprint."
“We are thrilled that Jim is joining Jefferies as we continue to build-out our structured product franchise in Europe for our clients,” said Steven Hulett and Craig Tipping, co-heads of the firm's European MBS/ABS group, in a joint statement.