RBC Capital Markets names head of Eu leveraged mortgage buying and selling

RBC Capital Markets has appointed Ralph Boumalham as director and head of Eu leveraged mortgage buying and selling, in keeping with a memo observed via The TRADE.

Previous to becoming a member of RBC, Boumalham has operated in equivalent roles at UBS and Nomura. 

In his new position, he’s set to assist bolster RBC’s leveraged credit score buying and selling platform, additionally operating intently with the leveraged finance workforce in world funding banking, and gross sales and buying and selling.

He’ll report back to Olivier Lavie, head of top yield and mortgage buying and selling, Europe.

3 different appointments have additionally been made. Amongst them, Mousumi Dey is about to suppose the location of director, top yield and leveraged mortgage gross sales. 

She maximum not too long ago labored at Unicredit, and in her new position will focal point on leveraged credit score product distribution, operating with the leveraged finance workforce in world funding banking, and gross sales and buying and selling.

Dey will report back to Michael Mulholland, head of Eu leveraged credit score gross sales.

In structured credit score, Justin Stratton-Christensen has been named director, structured credit score gross sales.

Prior to now, he has served at corporations together with Citigroup, Lloyds, Demica Finance, and KNG Securities.

In his new place he’ll report back to Simon Johnson, Eu head of credit score gross sales at RBC and concentrate on the company’s enlargement plans for the origination and distribution of asset-backed securities, in addition to collateralised mortgage tasks (CLOs), in addition to improving consumer protection within the area.

The fourth rent is Stuart Marenghi, now director, hedge fund gross sales, additionally reporting to Johnson.

He joins from Wells Fargo Securities World, and in his new position is about to concentrate on “deepening” RBC’s protection of hedge finances and leveraged finance purchasers throughout funding grade and leveraged credit score merchandise.