Royal Bank of Scotland has hired Matt Carter to run its debt syndicate team and Fulvio Pelargonio for its Milan-based securitisation effort.

Carter joins from Credit Suisse First Boston (CSFB), where he worked on the investment grade syndicate covering financial institutions and was head of euro-medium term notes. He has also worked at Donaldson Lufkin & Jenrette, which CSFB bought two years ago, and at BNP Paribas and Lehman Brothers.