rie Group's Fixed Income, Currencies & Commodities (FICC) group has expanded its Credit Trading Division with the addition of a commercial mortgage finance and commercial mortgage-backed securities (CMBS) team. The New York-based appointments continue the growth and expansion of the firm's credit trading business, which was established in March 2008. The newly established team will be led by Randy Reiff and adds an additional sector of mortgage origination, trading and securitization expertise beyond Macquarie's existing focus on high-yield and distressed credit, the firm says. Prior to joining Macquarie, Reiff was president of Spartan Real Estate Capital. Prior to that, he served as the global head of commercial mortgage finance and CMBS at JPMorgan and Bear Stearns. SOURCE: [link=http://www.macquarie.com ]Macquarie
