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  • New York based-KGS-Alpha Capital Markets has launched a fixed-income trading desk that will focus on residential and commercial mortgage-backed securities.
  • Marco Angheben, London-based director at the Association for Financial Markets in Europe/ European Securitization Forum, has left the organization.
  • Europe’s banks using asset-backed securities as collateral for the European Central Bank’s repurchase agreement could be left with a €50 billion ($65.83 billion) liquidity gap when the central bank institutes its revised haircuts, according to researchers.
  • A major West End of London property sale is being tipped as a yardstick to gauge the health of commercial mortgage securitizations backed with similar collateral.
  • The number of securitized U.S. commercial mortgage loans experiencing substantial losses is expected to rise quickly as market fundamentals continue to deteriorate.
  • StormHarbour Securities is looking to hire an analyst with two years of underwriting experience for its commercial mortgage-backed securities trading desk in New York.
  • Ronan Fox, London-based commercial mortgage-backed securities analyst and managing director at Standard & Poor’s, has left the firm to work for Ireland’s National Asset Management Agency.
  • Michael Cox, London-based partner at financial boutique Chalkhill Partners, has left the firm to join UBS.
  • Details of a major West End London property sale yesterday ill be used to gauge commercial mortgage securitizations backed with similar collateral.