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Calyon Americas Appoints Joseph Asciolla Head of Its Lodging Group.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Calyon Americas, the U.S.-based arm of the Calyon corporate and investment banking subsidiary of Credit Agricole Group, has appointed Joseph Asciolla head of its Lodging Group, it was announced today by Philippe Soustra, Executive Vice President and head of Customer Relationships and Network Management.

Mr. Asciolla succeeds Rodrick Rohrbach, who held the position for the last 15 years and recently left for personal reasons. Mr. Asciolla had been Mr. Rohrbach's deputy. He will report to Olivier Audemard, who heads Calyon Americas' Specialized Industries Division, of which the Lodging Group is a part.

"While we regret Rick's decision, and wish him the best in the future, he leaves the Lodging Group in excellent hands with his long-time associate, Joe Asciolla," said Mr. Soustra. "Joe has worked closely in the Lodging Group with Rick for 15 years, and brings to his new position broad experience and a deep knowledge of the industry. The Lodging Group is one of the key strategic investment bank activities of Calyon Americas. We congratulate Joe on his new assignment where we know he will do an exceptional job in further growing this business."

Calyon in the Americas offers corporate and institutional clients the latest in financial products and services through its three main entities: the banking unit Calyon; the full service broker-dealer Calyon Securities (USA) Inc., which is a member of the NYSE NYSE

See: New York Stock Exchange
 and NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
; and, for financial and commodities futures, Calyon Financial, which is registered with the CFTC CFTC

See: Commodity Futures Trading Commission


CFTC

See Commodity Futures Trading Commission (CFTC).
 and is among the top seven futures & commodities brokers/dealers in the U.S.

Calyon structures, originates and distributes financial solutions for both domestic & international clients, drawing on proven capital market expertise coupled with in-depth knowledge of the US & Latin American markets. It provides capabilities in project finance, acquisition finance, real estate financing, securitization Securitization

The process of creating a financial instrument by combining other financial assets and then marketing them to investors.

Notes:
Mortgage backed securities are a perfect example of securitization.

May also be spelled as "securitisation.
, syndications, derivatives, foreign exchange, fixed income and ABS origination and distribution, as well as comprehensive advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and capital market solutions. In addition, Calyon has U.S. and foreign equities brokerage capabilities in liaison with its affiliates in Asia and Europe: CLSA CLSA Canon Law Society of America
CLSA California Land Surveyors Association
CLSA Contact Lens Society of America
CLSA Credit Lyonnaise Securities
CLSA Canadian Laboratory Suppliers Association
CLSA Cornell Law Student Association
 and Cheuvreux respectively. Calyon Securities (USA) Inc. has a research team which follows companies in the automotive, utilities, oil and gas exploration and services, media, cable, lodging, gaming, and financial industries.

Calyon's U.S. offices are located in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, Chicago, Los Angeles, Dallas, and Houston.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 19, 2004
Words:389
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