Bank of Nova Scotia has recruited a team of seven from JPMorgan Chase & Co. in Texas to launch a new mortgage capital markets business in Houston.
A Scotiabank branch in Toronto, Ontario, Canada , on Monday, Aug. 12, 2024. -- Bank of Nova Scotia has recruited a team of seven from JPMorgan Chase & Co. in Texas to launch a new mortgage capital markets business in Houston.
The Toronto-based lender began boosting its U.S. structured finance business more than a year ago, hiring a collateralized loan obligation executive from Morgan Stanley and four CLO veterans from the French bank Nataxis. Thanh Roettele, who’s been with JPMorgan for more than 28 years, according to his LinkedIn profile, will join Scotiabank as one of three managing directors on the new team. The other two are Brice Simpson and Francis Lim, who have worked at JPMorgan for six and 18 years, respectively.
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