Latest news
Latest news
Andrew Steel is joining to help ARC Ratings expand its corporate finance and private credit services
Initial pricing set for Santander’s two euro ABS deals
More articles
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The European Central Bank has asked Banca Monte dei Paschi di Siena to raise the coverage levels for its stock of non-performing loans, leading to fears in the market about the Italian lender’s ability to meet its supervisory capital ratios. -
Auto ABS issuers are moving nearly $5bn in new deals through the pipeline to kick of the new year, with GM Financial pricing the first deal of 2019.
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Delinquency rates of 30 or more days for US credit cards have been on the rise over the past three years, despite a healthy labor market, driving card issuers to tighten their underwriting criteria even as the economy continues to accelerate.
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FMS Wertmanagement is planning to issue its first Sofr-linked issue in 2019, which will be sold to the money markets in the form of asset-backed commercial paper.
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Hercules Capital, a firm specializing in making loans to venture capital backed companies in the life sciences sector, is preparing a new ABS offering.
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A last-ditch reprieve for the asset-backed commercial paper market late last year saved European banks running securitization conduits from a huge drawing on their liquidity reserves — but details of the fix are still being hashed out.
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A former director in Deutsche’s insurance solutions business has joined Blackstone’s Tactical Opportunities team as a principal.
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A year and a half of costly insurance losses from the disasters such as the 2017 US hurricanes and last year’s wildfires in California are grinding down investors in catastrophe bonds and other insurance-linked securities. That raises questions over the direction of a market that has experienced consistent growth up to now, writes Jasper Cox.
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The European Securities and Markets Authority has launched three consultations on how sustainability risks and factors should be integrated into the main regulations governing European securities and investment markets — MiFID II, Ucits, the AIFMD and the Credit Rating Agency Regulation.
