Looking to add a term component to its conduit business, the New York arm of Westdeutsche Landesbank Girozentrale (West LB) hired seven asset-backed pros from Rothschild, Inc., last week. Rothchild is known for its presence in private ABS.

Starting today, group head Rick Fingeret moves over as a managing director, reporting to Paul Edwards, who heads up West LB's New York asset securitization group. Fingeret had been with Rothschild for five years, and prior to that was at Chevy Chase Bank, focusing on credit card ABS.

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