The Royal Bank of Scotland has hired Paul Feidelson for its syndicate team within its wholesale banking division, global banking & markets (GBM). Mr Feidelson joins as MD and head of commercial paper, Americas. He will primarily be responsible for building a commercial paper desk to support the further development of the US short-term franchise.
Mr Feidelson joins RBS from Barclays, where he most recently headed the investment & product platform for Barclays wealth in the Americas, following the acquisition of Lehman Brothers in September 2008. Prior to that, he served as the senior and founding member of the special investments group at Lehman, where he was responsible for managing the syndicate process for that firm’s private equity franchise and other special investment opportunities for its private investment management division.
David Bassett, global head of syndicate and head of debt origination, Americas, said: “With over 15 years of experience in short-term fixed income origination, Mr Feidelson brings an enormous breadth and depth of experience in US Short-Term origination. As the latest high-caliber addition to the team, Mr Feidelson will advance the firm’s ability to deliver the full range of debt products to our core client base.”
