RBS Securities has poached Pat Beranek from Mizuho Securities to be jointly responsible for trading non-mortage ABS with Alan Johannsen, the Stamford, Connecticut-based bank said in a release. Beranek will report to Adam Siegal, co-head of U.S. ABS, MBS and CMBS Trading.
Beranek has 20 years of ABS experience under his belt. At Mizuho, he ran ABS Trading for two years. Prior to that stint he was head of ABS trading and syndicate at Bank of America Securities.