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  • 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.
  • The Royal Bank of Scotland has hired Wayne Potters, a commercial real estate securities veteran, as a senior v.p. in the Americas real estate advisory division.
  • Legacy U.S. asset and mortgage-backed securities are being sold back into the States from European investors at a faster frequency than earlier this year, keeping traders busy in the traditional summer quiet period.
  • The Bank of England could be given greater scope to increase capital charges for securitizations under new powers to change risk weight for deals retained in banking and trading books.
  • A surge in collateralized loan obligation paper trading followed last week’s liquidation of the $489 million Stanton CDO I, a CDO-squared containing nearly all CLO securities.
  • The sale of property from White Tower 2006-3’s portfolio and the subsequent recovery of money for bondholders will set a benchmark for future commercial mortgage-backed securities enforcement, according to a lawyer.
  • The Financial Services Authority has the power to demand “financial stability information” from structured investment vehicles and hedge funds deemed dangerous to the U.K’s financial stability.