Jefferies names European DCM head

Published: November 29, 2010

Fadel takes mortgage and asset-backed securities hotseat.

Jefferies, a securities and investment banking firm, has welcomed James Fadel as its new managing director and head of European structured debt capital markets.

Based in London, he is responsible for the origination, execution and syndication of structured products, including mortgage and asset-backed securities.

David Weaver, president of the group’s UK subsidiary, Jefferies International, says Fadel’s “significant experience” and track record will enhance the scope and quality of the firm’s European operations.

Jefferies’ co-heads of European mortgage and asset-backed securities, Steven Hulett and Craig Tipping, say the appointment is part of the firm’s plans to grow its structured product franchise in Europe.

Fadel brings almost three decades of experience to Jefferies, including more than 12 years at Morgan Stanley in New York and London, where he was a managing director and head of European mortgage and asset-backed securities. He has held similar positions at Prudential Securities and Citigroup.