RBS expands leveraged team

The Royal Bank of Scotland has announced two appointments to bolster syndication and origination capabilities at its London-based leveraged finance unit.

RBS Leveraged Finance, which is part of the structured finance business of the Royal Bank of Scotland, has made two senior appointments at its London headquarters.


Mike Potter is joining the RBS leveraged finance syndications team based in London as a director. He will focus on distribution within the German and Italian markets. Potter was previously at West LB in London as an executive director in syndications, working on leveraged deals.


Also joining the leveraged finance team is Thomas Wolffe. Wolffe comes in from Deutsche Bank, where he was a director based in Frankfurt. He will be a senior director concentrating on the origination side within the German and Spanish markets. Both will report to David Yeoman, head of leveraged finance syndications for RBS.


Commenting on the new appointments, David Yeoman, head of leveraged finance syndications in London, said: “The expansion of the team is due to the demands of increased dealflow. With the new hires, there are now four team members in origination and four in distribution.”


In January, RBS added to its German leveraged operations, hiring Stuart Hewer as associate director of the Frankfurt-based leveraged finance team. He joined RBS from Bank of Scotland’s structured finance division.


In 2002 RBS was the number one arranger of European leveraged loans and mezzanine loans, according to data compiled by Thomson Financial. The bank has over 80 leveraged finance professionals operating from Frankfurt, London, Madrid, Milan, New York and Paris.