Latest news
Latest news
Third deconsolidation RMBS from a UK challenger bank since November
Parliament’s draft amendments are kinder to the market than Commission's
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Consumers with lower credit scores have become a larger share of the credit card market as their debt piles up faster than in the prime borrower cohort, the Consumer Financial Protection Bureau said in a report this week. -
FCE bank, Ford’s European finance unit, is preparing to issue GlobalDrive Auto Receivables UK 2019-A, a short-dated auto ABS with Lloyds and BNP Paribas arranging alongside NatWest and Santander as joint lead managers.
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BNP Paribas has announced a public securitization of French auto loans, AutoNoria 2019, set to offer a full capital stack from senior to junior notes. The transaction is expected to comply with the simple, transparent and standardised’ (STS) regulatory framework.
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Citi is arranging the debut securitization for UK auto fintech Oodle Car Finance, backed by hire purchase loans made to purchase used cars.
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Christine Lagarde suggested that the European Central Bank, which she is set to lead later this year, could apply green criteria to its asset purchase programme once the EU’s Taxonomy of Sustainable Economic Activities is completed, in comments published on Thursday.
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A no-deal Brexit has the potential to cleave the European securitization market by seeing different rules apply in the the UK — its largest component — from the rest of the EU. Tom Brown reports.
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Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization advisory subsidiary at a meeting held on August 14 to “facilitate the development of the domestic securitization market.”
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Hoist Finance has completed its securitization of €225m of Italian non-performing unsecured loans with the help of Deutsche Bank, after announcing the deal nearly a month ago.
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Lloyds announced today that it has submitted notifications to certify legacy deals from Penarth Master Issuer as compliant with the ‘simple, transparent and standardised’ (STS) regime.
