Thomson Financial Bankwatch Initiates Ratings of Asset-Backed Securities

Ratings will be assigned to interested issuers in the immediate future. Norman H. Last has joined THOMSON FINANCIAL BANKWATCH as a Senior Vice President and Managing Director of the Asset-Backed Securities Ratings business. Mr. Last was most recently a managing director of an asset-backed ratings group at Duff and Phelps Credit Rating Agency, where he oversaw a group of 30 professionals for more than five years. Prior to joining Duff and Phelps, Mr. Last spent seven years at Standard and Poor’s in their asset-backed group, serving as a director and co-manager of their asset-backed group.


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