Career moves

CIFC Gains Former UBS Head of CLOs

CIFC Corp. announced on Thursday that John Wu, former head of CLO structuring at UBS, joined the firm as managing director and portfolio manager focusing on structured investments.

Bob Ryan Joins Wells Fargo’s Capital Markets Group

Bob Ryan, a senior HUD official who launched FHA’s foray into risk management as it pertains to lenders, has accepted a position within the capital markets group at Wells Fargo Home Mortgage, according to two Washington sources who have been briefed on the matter.

RBC Capital Builds CLO Trading Team

RBC Capital Markets hired Ming Tang to its new collateralized loan obligations (CLOs) trading team, a spokesperson with the bank confirmed this week. A Bloomberg report said that Tang was previously at StormHarbour Securities LP where he traded collateralized debt obligations (CDOs) and CLOs. Tang will be based in in New York and will report […]

Allonhill Lays Off Staff

Allonhill, Denver, recently laid off roughly 10 full-time appraisers because of a cutback by one of its mortgage clients, according to industry officials close to the matter.

Mendez, Eaton Join Magnetar Capital

Magnetar Capital LLC confirmed today that it has hired Carlos Mendez and Josh Eaton, both previously at Sandler O'Neill & Partners' structured finance group, to its fixed income group.