Latest news
Latest news
Bank’s relationship with SpringCash is ‘commercial’
Stefan Jost will take over the role
Koning to leave in the next year
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Exotix appoints global head of loans — RenCap continues equity sales drive with VP hire
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Would you rather live in a mansion or a horrible little flat? The answer is obvious, right? But UBS’s David Morland shocked Leak this week — he wants to live in a horrible little flat opposite a mansion.
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3i Debt Management has bolstered its European team by hiring Michael Curtis as a portfolio manager.
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A slew of policy updates relevant to mortgage investors came out of Washington this week, while most market participants focused on the passage of the long-awaited Volcker rule.
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Over two years after it was proposed, US financial regulators passed the Volcker rule on Tuesday. In keeping with the glacial pace of bringing the rule into being, banks were similarly slow to digest its implications on their business, although it sparked fears for the future of the US CLO market.
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Exeter Finance Corp., the Blackstone-backed subprime auto issuer, has hired Cliff Buster as chief financial officer to replace Stephen Moses, who left in August.
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Syntaxis Capital, the central European provider of mezzanine financing, has hired Rupert Coull to manage its environmental, social and governance investment principles.
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Pradeep Pattem, head of credit and mortgage markets, EMEA, at Royal Bank of Scotland is leaving following a shake-up across credit and asset backed products at the bank.
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A second securitization of peer-to-peer consumer loans is being prepped for early 2014 from Eaglewood Capital Management. National Alliance Capital Markets and Waterford Capital, the boutiques that engineered the first P2P transaction, plan to double the size of their first $54 million transaction, which sold in October and was backed by consumer loans from Lending Club. Ray Gatten, principal and managing director at broker-dealer National Alliance, spoke this week with SI reporter Matt Scully about the upcoming transaction and about other projects the Texas-based firm is working towards, including an oil contract and receivables ABS.