Unicredit's markets and investment banking division has hired Dennis Conway as a director in its U.S. asset-backed finance group. Conway will be structuring conduit and term transactions and reporting to group head Robert Fleisher.
Deutsche Bank Securities added five professionals to its MBS research group, topping the appointments was directors Arthur Frank and Ying Shen, who join the company as head of agency MBS research and head of nonagency MBS, respectively. Frank was a director in Barclays Capital's mortgage strategy group, and before that he led MBS research at both Nomura Securities International and HSBC Securities. The new hire is also a full-time faculty member at the Wharton School of the University of Pennsylvania. Shen was head of credit trading modeling at JPMorgan Securities. Previously, he was chief credit modeler and co-head of the mortgage modeling group at Goldman Sachs. Based in New York, both report to Karen Weaver, global head of securitization research and head of research for the Americas. In addition to Frank and Shen, the bank hired Yan Dong, William Natcher and Jichun Wu as vice presidents. Previously, they worked at UBS, National City Corp. and Freddie Mac, respectively.