NEW YORK, Sept. 13, 2011 /PRNewswire/ -- Rabobank announced today that Mark Yale has joined Rabobank International as a Managing Director in New York, responsible for expanding the bank's emerging markets client derivatives business in the Americas.
"We are broadening the range of our value-added banking activities for our core client base, which includes providing a proactive approach to client risk management," said Bill Mansfield, Head of Global Financial Markets for Rabobank International in the Americas. "Increasing our emerging markets derivatives services is a key part of this effort, and Mark's considerable experience in derivative sales in emerging markets will be a valuable asset in our growth in the Americas."
Prior to joining Rabobank, Mr. Yale was a Managing Director at HSBC Bank USA, where he helped to establish and lead the Emerging Markets Derivatives business in the Americas, and served as Head of Latin America International Structured Sales. From 1997 – 2004, Yale was a Managing Director/Principal at Bear Stearns & Co., where he was a senior salesperson for fixed income derivatives and initiated Latin American derivatives coverage. Yale spent eight years with Bankers Trust as a Vice President, focusing on derivatives and risk management marketing for Latin America.
"The addition of Mark, a seasoned marketer and structurer, further strengthens our origination and sales teams, and demonstrates our commitment to providing our clients with an increased array of tailored risk management products," said Sarah Lee, Head of Origination and Sales for Rabobank International's Global Financial Markets business in the Americas.
Rabobank is a global financial services leader providing wholesale and retail banking for the food and agricultural industry, asset and investment management, leasing, real estate services, and renewable energy project financing. Founded over a century ago, Rabobank today is one of the largest banks in the world, with more than $850 billion in assets and operations in over 45 countries. Rabobank is the only private bank with a triple A credit rating from both Standard & Poor's and Moody's, and is ranked among the world's safest banks by Global Finance magazine. In the Americas, Rabobank is a leading financial services provider to the corporate food and agribusiness industry and a specialist in customer-driven solutions in the global financial markets and corporate finance arenas. www.Rabobank.com