Jefferies Group has futher expanded its ABS and MBS staff by making four hires in trading and sales.
Scott Shapiro and Steve Hassine will trade agency ARM collateral. Both hires were formerly from BNP Paribas, and will work at Jefferies' Stamford, Connecticut office.
Another trader of agency MBS will start around May 11. Aside Shapiro and Hassine, Jefferies also hired John Koutoupis for MBS and ABS sales in Chicago. Koutoupis previously worked at Sandler O'Neil.
Jefferies started ramping up its MBS team in April 2008 with 10 hires led by traders William Jennings and Johan Eveland from RBS Greenwich Capital.