Shearman & Sterling’s former City structured finance head Marke Raines has joined Taylor Wessing as head of securitisation 18 months after his resignation from the US firm.

Raines, who joined Shearman from Allen & Overy (A&O) in 2000, was the high-profile head of the US firm’s securitisation practice. He resigned in March 2005 before the arrival of A&O securitisation and structured finance partner Julian Tucker, who now heads up a broader structured finance practice.