RBS strengthens strategy team

Royal Bank of Scotland (RBS) has expanded its MBS, CMBS and ABS strategy team within its global bank

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.

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."