-
Several ABS are being marketed this week in Barcelona, where delegates are meeting for IMN and AFME's Global ABS securitization conference — but the market is showing signs of stress.
-
Securitization received a timely boost at the International Capital Market Association's annual general meeting in Amsterdam on Thursday.
-
Creating money is very different to funnelling it from place to place. Unblocking Europe’s funding conduits is a worthy initiative, but banks are still a breed apart, and bank regulation still matters more than anything that comes out of Capital Markets Union.
-
In the space of a week the European securitization market will have seen the first post-crisis residential mortgage backed securities from Ireland and Spain since 2007.
-
Financial professionals would love Europe to harmonise its bankruptcy and insolvency laws. But examine any particular case — say, that of oil company Afren — and it is clear that goal is out of reach. That may even be a good thing.
-
Promoting securitization is all well and good. After all, it performed through the crisis and offers a good way to keep finance flowing while cutting banks out of the picture. But regulation of the industry keeps trying to solve a problem that never existed.
-
The European Covered Bond Council has proposed a new generation of secured funding notes, halfway between covered bonds and securitizations. But getting them off the ground is still in the hands of the regulators.
-
When involved in a niche, whether as a journalist or a direct participant, it’s easy to overstate the importance of your little corner of the market.
-
The Federal Housing Finance Agency's risk transfer programmes are sponsoring egregious risk taking in the name of attracting private capital to housing finance.