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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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Plenty of work remains to be done on the regulatory front, and panelists at Monday’s ASF 2013 general session “Global Securitization Policy Reforms,” outlined some key areas of pending rules that still threaten to fundamentally alter the landscape for securitization.
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The chances for U.S. housing finance reform in the coming year are slim, panelists at ASF 2013 said Monday afternoon.
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A well-functioning securitization market is critical to economic recovery and two things are happening to help that along, Thomas Curry, comptroller of the currency, said Monday morning in his keynote address at ASF2013.
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Société Générale has merged its debt management subsidiary Egret Management LLP into its Lyxor Asset Management unit.
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BNP Paribas has hired a 22-year veteran of mortgage- and asset-backed securities sales and trading from CRT Capital Group.
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Gordon Kerr, head of European securitised products research at Citi, has left the bank, EuroWeek Structured Finance understands.
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Longtime securitization industry vet Greg Reiter has joined Wells Fargo Securities as the investment bank’s new head of residential mortgage research.
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Former UBS global head of collateralized loan obligation trading Jason Schechter joined Jefferies & Co. in recent weeks, according to a filing with the Financial Industry Regulatory Authority.
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UBS’ head residential mortgage-backed securities pro has left as part of wide-ranging cuts the bank has been making to its fixed-income, currencies and commodities operations.