HSBC recently poached four ABS pros from ABN AMRO to fill vacancies in its U.S. structuring and trading groups. ABS structurers Dan Costin, Cyrus Mohebbi and syndicate head Caroline Morrill were all hired from ABN AMRO last week. Mohebbi and Morrill are managing directors at HSBC, reporting to U.S. securitization chief Mike Normile. Costin will report to Mohebbi. Also, HSBC hired Alice Koo from Citigroup Asset Management to work in its product management group. ABN AMRO, meanwhile, remains committed to its ABS operations and plans on filling the vacancies, said U.S. ABS group head and managing director William Haley.
John P. Boyle, vice president, secretary and chief accounting officer at DVI Inc. resigned from his position, effective Apr. 30, the company reported. Boyle reportedly left to pursue an undisclosed "new professional opportunity."