Legg Mason[profile] unit Wamco said goodbye to Paul Japlansky, head of structured products, reported Bloomberg. Japlansky oversaw a team of 10 people focused on U.S. home loan bonds without government backing, commercial mortgage securities and asset-backed securities.

The wire service added that Japlansky, who began the position in 2011 after working as Royal Bank of Scotland's securitization strategist, resigned last week and has not decided what he will do next. Dennis McNamara will replace him on an interim basis.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE