JPMorgan Securities poached David Duzyk from RBS Greenwich Capital for a senior position within the ABS origination group, reporting directly to U.S. structured finance co-head Christine Cole. Managing Director Andrew Dym, who had run the U.S. ABS operations since the Chase/JPMorgan merger in 2000, will reportedly move to a new role within the bank. Duzyk had only worked at RBS Greenwich nine months, after accepting the top non-mortgage banking position last June. Of course Duzyk and Cole worked together at Banc One Capital Markets prior to being acquired by JPMorgan last year.
Marta Ricardo resigned from her position as a credit card banker at Barclays Capital and will soon start as a managing director in the HSBC Securities securitization group, reporting to Jon Borttoff, head of global structured capital at HSBC. Ricardo joined Barclays two years ago, joining from JPMorgan Securities (see ASR 3/24/03). Additionally, Thomas Dang resigned from Barclays to accept a position in the banking group at JPMorgan Securities.