© 2026 Arizent. All rights reserved.

ABS

Barclays Appoints Co-Heads for U.S. ABS Group

Published Updated 2 Min Read

According to an internal memo obtained by ASR, the Americas asset securitization group (ASG) at Barclays Capital will now be co-headed by Jay Kim and Cory Wishengrad.

The internal memo said that Kim has been with the firm since 2001 after joining from Salomon Smith Barney and most recently has led the automotive, equipment and prime mortgage vertical within the ASG team. Meanwhile, Wishengrad has been with the firm since 1999 and has led the esoteric ABS vertical within the ASG team since early 2009.

“We are extremely excited about the breadth of experience that Jay and Cory bring to their new leadership roles and expect their partnership to further advance our world class securitization franchise and solidify our #1 ranking across asset classes in the US securitization league tables,” said Larry Wieseneck, head of global finance and risk solutions at the bank, in the internal memo.

The two replace Michael Wade, the former managing director and head of asset securitization for the Americas at the bank, who has reportedly been with the bank since 1994. There is no word on where Wade went to, but sources confirmed that he is no longer with the firm.

A spokesman from Barclays confirmed the contents of the internal memo obtained by ASR.

For reprint and licensing requests for this article, click here.

More From Asset Securitization Report

Deutsche Bank, Credit Suisse Settle U.S. Subprime Probes

Deutsche Bank AG and Credit Suisse Group AG agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in the banks and raised questions about their turnarounds.

New ABS Laws: The Impact on Foreign Issuers Tapping U.S. Buyers

The U.S. Congress and U.S. regulatory agencies have imposed or proposed broad-based and aggressive laws and rulemaking in response to the failure of securitizations directly or indirectly backed by U.S. subprime residential mortgage loans originated in the several years prior to the onset of the financial crisis in 2007. Notwithstanding this aggressive response, there is […]

Barclays Boosts ABS Syndicate

Continuing its string of new hires, Barclays Capital has appointed Kenneth Rosenberg as part of its securitization syndicate team. Rosenberg reports to Brian Wiele, head of Americas securitization syndicate at the bank. He most recently was at Credit Suisse as a director in ABS in the structured products syndicate. The bank started adding aggressively to its securitization staff after […]