Mortgage strategist Scott Gimpel relocates to new firm
Leaves Royal Bank of Scotland Group
Royal Bank of Scotland Group strategist Scott Gimpel is leaving the bank after more than two decades, as the bank shrinks its position in capital markets. Gimpel is known for highlighting the details of individual mortgages after the U.S. housing bust. Per Bloomberg:
Gimpel, the firm’s head of strategy for mortgage bonds without government backing, is joining with RBS trader Daniel O’Connor to start a data advisory and analytics firm, said the people, who asked not to be named without authorization to speak publicly.