European Securitization

Technicals strong and CLO issuance continues, though participants stay cautious on loan selection

‘No big bombshells’ in leaked Commission papers

Although Europe appears ever closer to regulatory reform, staunch opponents of securitization remain in the continent, and as political winds blow unpredictably, there is still an uncertain road ahead, reports George Smith

With asset performance stabilising and investors growing more comfortable with non-traditional assets, expectations are positive for UK RMBS after the asset class easily weathered the April market storm, writes Tom Hall

Supporters of insurers providing credit protection to banks through SRT say it offers diversity to insurance companies, removes risk from the banking sector and frees up capital for more lending. But though deal volumes are growing, the sector is not as developed as it could be — largely because of obstacles in regulation and pricing, writes George Smith

Investment firm’s head of European liquid credit tells George Smith he is cautiously optimistic and that Europe should deal better with tariff disruption than the US, while the manager will remain an active issuer of CLOs

Former UK defence secretary Ben Wallace tops the billing at FT Live and AFME Global ABS 2025, but there's plenty more on a lively agenda this year. Our writers give their pick of the panels

Morningstar DBRS's Christian Aufsatz joins usual duo George Smith and Tom Hall to review the year so far and preview the Global ABS conference in Barcelona next week in a sponsored episode of Another Fine Mezz

UK bank's German branch taps multiple investor bases, and RMBS could get tighter if rules improve

Easing of due diligence rules would favour EU deals over US counterparts

The Golden Bar 2025–1 transaction grew to €1.3bn

Coverage for the Italian and German trades grows down the stack