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The incoming presidential administration has made headlines for its proclamations of wide ranging political and economic reforms, but it's also becoming clear that the new president may not be any more willing than his predecessors to tackle one of the most contentious policy issues in the capitol — the reform of the US housing and mortgage finance industry.
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Markets are obsessing about the Italian referendum on Sunday. Commentators are cramming everyone’s inboxes with warnings about how a 'no' vote on premier Matteo Renzi’s attempt to streamline Italy’s Senate could precipitate a fresh eurozone crisis and imperil Italy’s creaking banks.
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Non-performing loan securitization is being pushed as a solution to Europe’s banking woes. The market has potential, but expecting a wave of issuance, rather than a trickle of piecemeal deals, is misguided.
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Last quarter’s 3.2% US GDP growth estimates point to growing confidence in the world’s largest economy and is a sign that the era of the low rates and low growth may be drawing to a close.
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Europe’s securitization bankers need to be more creative if they want the market to break out of its post financial crisis stupor.
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For anyone who has habitually watched the testimonies of Federal Reserve chair Janet Yellen, last week’s session of the joint economic committee was notable for its political tone.
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Lending Club’s founder and former CEO Renaud Laplanche intends to stage a comeback with a new company, Credify Finance Corporation, but will the ghosts of his past come back to haunt his new venture?
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Zopa’s application for a banking licence is a clear vindication of a long-recognisable trend — as online lending platforms mature, they look to adopt the traditional models that they once appeared to shun.
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Last week marked what looks like the death of the Trans-Pacific Partnership (TPP), a comprehensive trade agreement that would have heralded closer integration between the US and the high growth economies of the Asia-Pacific region.