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Thomas Picton joins as firm works to build strength in CLOs
            
        
  
    
    Waterfall's forward flow advantages, UK auto ABS resumes and CLO managers tackle a bifurcated leveraged loan market
    
    
      
        
    
      
    
    
    
  The recent high profile bankruptcies of Tricolor and First Brands have cast an uncomfortable spotlight on the private credit market. For commentators and investors alike, these events trigger a familiar debate. 
    
    
      
        
    
      
    
    
    
  
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            ◆ Bank issuers and investors anticipate EBA report on regulatory equivalence ◆ Mediobanca enters its Monte dei Paschi era ◆ The case for not keeping Russia's money
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            Oficialdegui moves to Madrid for chairman role in raft of changes
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            Two consent solicitations would restructure programme after acquisition last year
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            Italy’s top independent investment bank must try to survive inside Monte dei Paschi
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            Nordic Investment Bank will issue bonds tied to sustainability-linked loans
 
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