Patrick Tadie has been promoted to division manager of Wilmington Trusts capital markets structured finance group. The move follows Joe Nardi's departure for U.S. Bank.
Nardi has more than 20 years of experience, most recently servingd as head of capital markets structured finance for Wilmington Trust Co.
DBRS named Nichola James as co-head of sovereign ratings. At the same time, Fergus McCormick, who had been head of sovereign ratings since 2010, will now be chief economist and co-head of sovereign ratings.
The trade group's new chief was previously a managing director and head of CMBS strategy and risk at Jefferies Group. Her appointment comes six months after the former leadership was ousted in late March.
Mid-market commercial direct lender Newstar Financial is losing one of its founding members and a key figure in establishing its multi-faceted securitization platform with the announced retirement of treasurer and asset management head John Frishkopf.
Treasurer, Head of Asset Management
Firm: NewStar Financial
State student loan authorities sense a business opportunity helping graduates who are gainfully employed lower their payments. Their low-cost funding could put them in competition with banks and marketplace lenders.Current Issue