Maureen Coen has left Moody's Investors Service after more than seven years to join Credit Suisse First Boston as director in charge of asset-backed commercial paper origination, acting as the investment banker to help find and create new structures. Coen is expected to begin her new position this week, and will report to Hans Bald, director of ABCP. Coen has experience with almost every ABCP program in the marketplace and will add to CSFB's growing commitment to the ABCP sector.
Through internal moves, Morgan Stanley Dean Witter has expanded its asset-backed research team by four people. Further, the firm moved Charles (Chip) Schorin to its London office.
"Our view is that investors continue to insist upon the highest quality research, and as more complex and innovative structures come into the market, we want to be on the cutting edge of providing content," said Gail McDonnell, managing director of ABS at MDSW.
Frank Bilotta has joined Global Securitization Services where he will be focusing on new business development, transaction execution and legal matters related to Global's SPC administrative services. Bilotta was formerly a senior vice president at Lord Securities SPV.
Matthew Whalen recently moved over from Chase Funding to Chase Securities, in line with the firm's efforts to ramp its home equity ABS business.
Nicolas Weill, SCO, has rejoined Moody's after studying in Israel, and will initially focus on tobacco settlement and rental car transactions.
Susan Mullin, AVP, joined the company from Duff & Phelps, where she spent almost five years as a vice president, rating a variety of assets including tobacco, municipal, lottery, tax liens, autos, student loans and credit cards. Mullin will focus on credit card transactions at Moody's.
Frank J. Fabozzi Inc./Information Management Network presents Middle Market & Non-Prime Consumer Finance, ABS & Servicing Forum. October 25-27 at the Hyatt Regency in New Orleans, La. Register online at www.imn.org/2000/a265 and receive a $50 discount.