GC Search

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.

There are 370,774 results that match your search.370,774 results

Sort by

CLOs

CLO winners to dominate recovering 2021 market

The US CLO market has been to hell and back in 2020. From the depths of the March sell-off, the sector has faced huge challenges but has seen a remarkable comeback. Bullish sentiment is back on for Q4, and that defines the outlook for 2021. Not all managers will be well placed to take advantage, however, and a wave of consolidation probably looms. By Paola Aurisicchio.

Paola Aurisicchio, December 17, 2020
ABS

Biden victory points to new securitization backdrop

For many investors, the US election landed in the best possible place — a Joe Biden win with a split Congress, ensuring a strong pandemic plan, yet blocking radical change. But Biden’s leadership will reshape securitization markets through changes to critical regulatory agencies, setting the tone for the next four years in consumer credit, mortgages and green securitization. Jennifer Kang reports.

Jennifer Kang, December 17, 2020
SRI

Red states, blue states, green States?

After four years of the US government noisily refusing to protect humanity from climate change and pushing back on responsible investing, sustainable finance supporters are full of hope that Joe Biden’s presidency will shift the US — and the world — in the right direction. Jon Hay reports

Jon Hay, December 17, 2020
RMBS

Could mortgage holidays return after Covid crisis ends?

During spring and summer of 2020, mortgage borrowers in the UK took full advantage of the chance for a payment holiday, with some non-conforming mortgage portfolios seeing payments stop on up to 40% of loans. But investors in RMBS stayed largely sanguine, despite the looming rise in unemployment and the potential for holidays to turn into defaults. Could the moratorium make a comeback in the next crisis? Tom Brown reports.

Tom Brown, December 17, 2020
Regulation

New plan for CMU but same old lack of harmonisation

In tumultuous times, the EU’s Capital Markets Union project continues to plod on. As it it is limited by member states not harmonising certain laws, this is not all the European Commission’s fault, but that hasn’t stopped criticism that the executive body has underdelivered. Jasper Cox reports.

Jasper Cox, December 17, 2020
Emerging Markets

EM issuers bustle for space ahead of hectic Jan

Primary bond markets in Latin America and CEEMEA finally took some rest this week after a busier than usual December, but bankers covering both regions expect emerging markets borrowers to be fast out of the blocks in January as EM credit looks continued to benefit from low rates.

Oliver West, December 17, 2020
RMBS

UniCredit innovates with first NPL lease securitization

UniCredit has structured the first non-performing real estate lease securitization in Italy, disposing of part of its leasing business in order to navigate complex legal challenges around managing repossessed properties.

Tom Brown, December 17, 2020
Market News

Politicians' call to scrap ECB debt dismissed as unworkable

European left-wing politicians have called on the European Central Bank to cancel government bonds it has bought, to help countries suffering in the aftermath of the coronavirus crisis. But analysts believe this move would create a lot of political pain and little economic gain.

Burhan Khadbai, December 17, 2020
Covered Bonds

New year to open with bank capital blast before reality bites

Banks are usually fast off the blocks in the January funding window, frontloading their most vanilla issuance and then picking their spots with strategic deals. Covid has put a different spin on the race in 2021, say syndicate officials. Hybrid capital and senior unsecured are likely to get off to a strong start before spreads catch up with economic reality later in the year.

Bill Thornhill, December 17, 2020
High grade and crossover bonds

Corporate bond investors prepare to battle for paper as supply dwindles

European high grade corporate bond investors are gearing up for an unseemly bunfight over paper in the new year, as a lack of supply combines with plunging spreads. Corporate acquisitions could be one saving grace for investors, and liability management another. But, as Michael Turner reports, even if M&A and LM come up trumps, it's still going to be a tough few months for investors.

Mike Turner, December 17, 2020
Corporate Bonds

Record US bond year ends with Fed cheer, but tapering is in view

An extraordinary year for the US corporate bond market ended on a high this week, as Jerome Powell gave a dovish statement at the end of the Federal Open Market Committee's meeting which left participants certain the Fed had the market's back.

David Rothnie, December 17, 2020
FIG People and Markets

Now is not the time to resume bank dividends

As countries across Europe tighten coronavirus restrictions in the run-up to Christmas, the European Central Bank saw fit to relax its ban on dividends on Tuesday and pave the way for resumed payments in 2021.

Frank Jackman, December 17, 2020

...

2379

2380

2381

2382

2383

...

30897