The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Palache resignation blow to BarCap

And JP Morgan make Masek head of ABS.

Euromoney has learnt of two high profile securitization management moves. The most surprising is that of Robert Palache, who has resigned as European head of corporate securitization and real estate at Barclays Capital. The move comes as a shock given what Barclays Capital has achieved in the European securitization market under Palache – particularly in real estate. Palache poached a three-strong CMBS team from rival Morgan Stanley in 2003 and has successfully built Barclays’ CMBS conduit franchise since then. Indeed, one of those hires – Lynn Gilbert, head of European CMBS – is taking over his role at the bank. At JP Morgan, Oldrich Masek has been appointed head of European securitization product group – a new role at the US bank. Masek will bring together all the component parts of the disparate structured finance business at JP Morgan, pointing to a new focus on securitization under Patrick Edsparr, global head of rates and securitized products, who is moving to London from New York.

Masek is a structured credit specialist and JP Morgan veteran. Until he was appointed global co-head of structured credit alongside Brian Zeitlin a year ago, Masek worked in a number of senior management roles in the European structured credit business, especially origination and structuring.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree