RBS Securities will add three new members to its global banking and market division, the firm announced today.
Sarah Hu, named prepayment strategist, will help develop prepayment strategies in the agency MBS and CDO markets. Hu managed risk models for prepayment, interest rates and pricing models at Freddie Mac and SunTrust Mortgage before joining RBS.
Richard Hill, who will join RBS as a CMBS strategist, will focus on CMBS and CMBX markets. Hill joins RBS from Bank of America Corp. (BofA), where he served on the corporate Treasury team. During his time at BofA, Hill originated and structured commercial real estate securitizations across various commercial real estate debt.
Ying Wang will serve as a residential credit strategist for RBS. Wang was most recently with Interactive Data Corp. where she served as a fixed income specialist and designed and implemented new evaluation systems for non-agency CMO bonds.
“We are very pleased to welcome Sarah, Richard, and Ying to our team of talented, industry-leading strategists,” said Brian Lancaster of RBS. “These appointments compliment the build out of our MBS, CMBS, and ABS strategy team over the last eight months and demonstrate the importance RBS places on providing our clients with the best possible investment strategies in these particularly volatile markets.”
RBS global banking and markets division is a banking partner to major corporations, financial institutions, and public sector clients around the world.