Daily News: May 22, 2014

Burdale Expands Manchester Structured Finance Team

Burdale Financial, a Wells Fargo company, has expanded its team in Manchester through the appointment of Oliver Reece in the role of associate director, Structured Finance.

Reece has been recruited to support the continuing growth of the Burdale business, which was acquired by Wells Fargo in February 2012. He brings both corporate banking and corporate finance experience.

Reece joins from Barclays, where he was an associate director in Corporate Banking. Prior to that, he was a manager in the Corporate Finance team at Deloitte.

“We are delighted to expand our team,” said Judith McMath, regional director of Burdale Financial. “Oliver will further enhance our regional offering by adding strength and depth to the business while also adding local coverage to better serve our customers.”

Reece’s arrival enables Mark Metcalf, who has been with Burdale for over 10 years in a deal structuring role, to head up the firm’s portfolio management operation in Manchester.

Burdale Financial provides asset-based lending to companies across the U.K.