In an attempt to beef up its European securitization business, Tokyo-Mitsubishi International (TMI) - a subsidiary of Japanese giant Bank of Tokyo Mitsubishi (BTM) - has taken advantage of the ABS market's game of musical chairs, hiring Joe Smallman as a director and David Moore as an associate director.

Smallman joins TMI from Vining Sparks Europe, where he as a managing director. Moore joins TMI's ABS operations from Commerzbank in London, where he was also an associate director.

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