RBS Greenwich Capital has begun its non-mortgage ABS ramp-up with the hiring of former Banc One Capital Markets bankers, including credit card ABS specialist Dan McGarvey and auto ABS specialist Jeff Orr. Also starting Monday are Al Yoshimura, Kristen Rosenthal and Joe McElroy on the banking side and consumer ABS traders Don Chaney and Robert Pucel. This follows managing director David Duzyk, who began at RBS Greenwich earlier in the month. See related story on p. 9.
Brad Young recently joined MFR Securities, the broker-dealer subsidiary of Maria Fiorini Ramirez Inc., an independent economic research firm and broker-dealer. In his new role, Young will work to expand the institutional fixed-income business of the firm. As managing director of capital markets, Young will focus on ABS/MBS; money markets, agencies; CDOs; private placements; and high-grade and high yield corporate bonds. Young had worked in a similar capacity at boutique shop Maxim Group since January.