Latest news
Latest news
UK credit card provider Jaja hires Belen Bulnes as it plans on entering the public ABS market
Thomas Picton joins as firm works to build strength in CLOs
Regulator plans to implement formulaic p-factor proposed in October 2024
More articles
More articles
-
Former Barclays structurer Fiona Nelson is joining SME lender Funding Circle's treasury operations, working in the structuring and execution team.
-
York Capital's CLO business has struck a strategic deal with Kennedy Lewis, which will see the manager rebranding to become 'Generate Advisors', and Kennedy Lewis commit $200m of equity to the shelf.
-
One of the corporate bond market’s most experienced funding officials is to leave the market next month.
-
Market participants will embark in the coming weeks on the difficult task of working out how to use the European Union’s sustainable finance Taxonomy, after the first criteria were published this week. In doing so, they will be conscious that the smooth tide of green finance is now breaking against the hard reality of power politics and resistance by fossil fuel industries — a clash that is rocking the Taxonomy’s credibility, writes Jon Hay.
-
Sources in the CLO market have expressed doubt over the CLO trading platform known as Project Octopus launched last week by Citi and Bank of America, questioning whether the platform will succeed in expanding to a critical mass with enough other banks involved. However, some active in the nascent electronic trading market, such as KopenTech, welcome the venture as an endorsement of their vision.
-
WhiteStar Asset Management, the Texas-based credit manager which sponsors the Trinitas CLO shelf, has opened a London office, appointing Gordon Neilly to run it as executive chairman of WhiteStar Asset Management Europe.
-
Piraeus Financial Holdings, the Greek holding company which owns Piraeus Bank, has launched a capital raise to give it the firepower needed to offload non-performing loans and has already secured enough demand on one morning of book-building to cover the deal.
-
Matt Cooke is joining Santander as head of securitization later this year, GlobalCapital understands, following his resignation from Lloyds where he held the same role.
-
Matt Cooke, head of the securitized products group at Lloyds, has resigned from the bank, GlobalCapital understands.