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Bank capital is a sentiment-driven product that is thriving in the present market mood

Case against power company dismissed but NGOs believe precedent for action has been established

Why big money hiring fails so often in investment banking

◆ Capital markets' Bloomberg scare ◆ SSAs tipped to go sub-US Treasuries ◆ Jumbos devour credit demand

Vulnerable bond market relies too heavily on one service provider

US covered bonds could fill the triple-A rated void left by the sovereign's downgrade

The EU had a victory this week when the ESM began clearing swaps within the euro area — but CMU still looks like a trophy out of reach

A splurge of Gulf AT1 issuance is coming and issuers are pushing hard on pricing

◆ What happened at the EBRD's Annual Meetings ◆ Romania's new president and the fiscal fright that awaits him ◆ Investors distracted from FIG by US corporates

Guggenheim Securities has been revolutionising esoteric ABS for over a decade, pioneering cutting-edge structures and creating asset classes from scratch. In 2024, the firm once again led the market in issuance and innovation, bringing a host of stellar deals and developing new formats for loyal clients. GlobalCapital spoke to Cory Wishengrad, Guggenheim’s Head of Fixed Income, and Rick Onkey, Head of Structured Products Syndicate, about how the firm manages to stay at the forefront of esoteric ABS.

The speed with which Morgan Stanley has grown its securitization business has been nothing short of phenomenal. Scaling league tables across a range of asset classes, the firm has created a leading franchise seamlessly integrated into its wider investment banking operations. In 2024, it brought award-winning deals in esoteric ABS, RMBS and CLOs — and took home the coveted title of Overall Securitization Bank of the Year.

For the third year running, the name on the RMBS Bank of the Year award remains unchanged. Nomura’s dominance in the RMBS space was clearer than ever in 2024. Excellence across all facets of the business helped deliver the firm’s busiest year in decades. To find out how Nomura has made the RMBS award its own, GlobalCapital spoke to Sanil Patel, Global Head of Mortgage Structured Lending and Global Co-Head of Real Estate Finance, Patrick Quinn, Global Head of CLO Finance and Head of Securitized Products Syndicate, and Brian Hargrave, Global Head of Securitized Products Trading.