The new appointments are an integral component of RBS’ plan to extend its industry-leading position in the structured finance markets and provide clients with strategic market insights to help them achieve their financial goals.
Gregory Reiter joins as MD of agency residential security strategy and Jeana Curro as VP of agency MBS/CMOs. Both will be based in Stamford, CT and report to Brian Lancaster, head of MBS, CMBS and ABS strategies. Mr Reiter and Ms Curro are the latest of several senior-level additions to RBS’ strategy teams in the US.
Mr Reiter will be responsible for developing investment strategies in the agency CMO and ARM product areas. He joins RBS from The World Bank where he was a portfolio manager. Prior to that, he was with UBS from 2005 until 2008 where he was responsible for agency CMO and ARM strategies.
Ms Curro will also work on developing agency MBS strategies. She was previously with UBS since 2004 where she was a director in fixed income strategy and generated trade ideas through regularly published strategy notes.
Mr Lancaster said: “These new appointments have first-class reputations as thought leaders in each of their respective areas of expertise and complement our non-agency residential and CMBS strategists. Given the complexity and dynamic change in these markets, it is increasingly vital to have leading strategists help clients identify investment opportunities and mitigate risks.”
John Richards, head of strategy for GBM in the US, said: “The hiring of these high-caliber professionals continues to underscore our strength and breadth of knowledge across a wide range of fixed income products and further demonstrates our commitment to the securitization markets.”
RBS GBM division is a banking partner to major corporations, financial institutions and public sector clients around the world. GBM provides debt, equity and commodity markets, treasury and investor products, and financial advisory services.
