Latest news
Latest news
ABS market not the cheapest cost of financing for issuer of first ever trade in the asset class
Revival of high LTV mortgage lending is creating an opportunity for more SRT and deconsolidation transactions
Trade follows the end of a joint venture to originate loans
More articles
More articles
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Barclays has hired a senior banker from Goldman Sachs to lead its asset finance trading effort, as the bank continues its push to build out its corporate and investment banking operations.
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Subprime auto ABS performance is holding up, said analysts at S&P Global Ratings this week, with transactions weathering the recent spate of loan delinquencies thanks to skin in the game on the part of the issuers. -
For years there's been talk of online lenders and challenger banks disrupting the UK banking sector, but reports that Goldman Sachs is ready to plant its flag in the UK savings and consumer lending market is the biggest challenge established UK giants are likely to face.
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The catastrophe bond market is retracing losses this week following a steep plunge in the price of the insurance linked securities in the run up to Hurricane Irma.
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Lending Club is making its way back to the securitization market with a prime consumer loan deal.
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Nordax is back in the market with a new consumer ABS deal backed by a pool of Norwegian consumer loans.
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Solar finance company Mosaic has agreed to sell $300m of loans on residential rooftop solar systems to Goldman Sachs.
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The global head of debt capital markets at NatWest Markets has decided to leave the bank after nearly 20 years.
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European Central Bank president Mario Draghi was reticent on the future of the central bank's asset purchase programme following its September meeting on Thursday, leaving the market waiting for guidance at the next meeting of the ECB in October.
