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
More articles
More articles
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JP Morgan has relocated a London-based senior ABS syndicate banker to Hong Kong. -
Prosper is the latest online lender to structure its securitization with more subordinate paper, as issuers move to respond to investor demand for higher yielding, short-dated paper.
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Online student loan refinancing company CommonBond is looking for a capital markets director as it broadens the range of its structured product offerings.
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Latitude Financial Services’ third Australian dollar credit card securitization this week offered a healthy pick up in spreads compared with other currencies, drawing a range of global investors to the deal even after currency swap costs were taken into account.
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Equipment financiers at the Investors’ Conference on Equipment Finance in New York this week encouraged investors to exercise caution when playing in a higher-yielding sector even as the market moves through what has been a remarkably benign credit environment.
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Mediobanca’s subsidiary, Futuro, made a triumphant return with its Quarzo consumer loan securitization this week after being absent from the market for three years, in a deal which brought new investors to the table.
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Former SoFi CEO Mike Cagney’s new online startup, Figure, which is looking to provide financing for home improvement loans and home equity lines of credit (HELOC), is looking to bring on at least 11 people, including a chief compliance officer.
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The New York State Energy Research and Development Authority (NYSERDA) issued a debut residential solar ABS last week to finance its Green Jobs–Green New York (GJGNY) programme, three months after the municipal green bond scheme it previously used for financing was scrapped.
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After a long absence, Lloyds Bank returned to the dollar market last week to price a Penarth credit card securitization. The transaction will have helped smooth the transition to market based funding in the absence of the Bank of England’s term funding scheme (TFS) and is likely to be followed by the other major UK banks.
