Bloomberg News

Jefferies Hires RBS’s Cyril Paillard for Asset-Backed Sales

March 30, 2010

Jefferies Group Inc. (JEF:US), a New York- based brokerage, said it hired Cyril Paillard from Royal Bank of Scotland Group Plc as a managing director in mortgage and asset- backed securities sales.

Paillard was previously head of structured credit products and solutions for Europe at RBS, according to a statement today. He will be based in Paris.

He will report to Steve Hulett and Craig Tipping, co-heads of European mortgage-backed and asset-backed securities, a group with almost 90 sales and trading staff in the U.S., London, Paris, Tokyo and Hong Kong.

Prior to his role at Royal Bank of Scotland, Paillard was head of fixed income sales for France at ABN Amro Holding NV.

To contact the reporter on this story: Patricia Kuo in London at

To contact the editor responsible for this story: Paul Armstrong at

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