Hamburg Commercial Bank enters aviation finance

Hamburg Commercial Bank (HCOB) has launched a new aviation finance division to complement its existing financing activities in the asset classes of real estate, shipping, project finance and corporate business. Richard Moody, an industry specialist with extensive structured finance and capital markets experience, has been recruited as Managing Director and Global Head Aviation to establish and build the new business. He joins HCOB from Cranfield Aerospace Solutions where he was Chief Investment Officer. Prior to this, Moody was at Deutsche Bank for 15 years where he held a number of senior leadership roles in transportation and infrastructure financing, most recently