Latest Securitization People & Markets news

• Former co-head of BlackRock CLO biz joins Tetragon

  

  Scott Snell, former co-head of BlackRock’s US CLO business, has joined Tetragon Credit Income (TCIP) as a CLO portfolio manager, with the firm planning to expand the range of its investments in CLOs.

  • 19 Sep 2018

• MS moves Burke to target US NPLs

  

  Morgan Stanley has transferred one of its senior structured finance bankers to New York as part of an initiative to win more business from US financial institutions looking to shift problematic consumer loans off balance sheet.

  • 18 Sep 2018

• EC’s guarantee fund a useful ally for markets

  

  The European Commission has unveiled a portfolio of financial guarantee transactions it is doing to support development in Africa and regions bordering the EU. Among them are two programmes conducted by the African Development Bank, including its new synthetic securitisation.

  • 18 Sep 2018

• September 15, 2008: the day markets changed

  

  Traders, bankers, lawyers, brokers tell their stories of what happened when Lehman Brothers went down, how it ruined some businesses and created room for others, and how it has changed financial markets — for better and worse.

  • 13 Sep 2018

• Heat builds in US middle market as regulators loosen restraints

  

  Billions of dollars are flowing into direct lending funds targeting US corporate loans to small and medium sized companies, despite signs of weakening underwriting. Unshackling leverage constraints on business development companies and reopening the CLO market to them after a two year absence may further overheat the market, say critics.

  • 13 Sep 2018

• ‘Have you forgotten your brothers?’

  

  Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead.

  • 13 Sep 2018

• Aon tasks team with resolving protection gap

  

  Seventeen years ago, the 9/11 attacks were a black swan event for financial markets and the broader economy. Now, insurance firm Aon is examining terrorism risk as part of a wider aim to close insurance protection gaps and transfer risk to the capital markets.

  • 12 Sep 2018

• Just Group considers RT1 amid capital concerns

  

  UK insurer Just Group said in its half-year results on Thursday that it had the flexibility to issue tier two or restricted tier one capital, amid worries about the impact on its capital of the Prudential Regulation Authority’s proposal for equity release mortgages.

  • 06 Sep 2018

• Investec fashions new position for LBOs

  

  Investec has filled a newly created sales position with a hire from UniCredit in a bid to expand its leveraged buyouts business.

  • 03 Sep 2018

• NPL, AT1 sales buttress Bank of Cyprus’s capital

  

  Fund investors have taken on the senior debt supporting a €1.4bn acquisition of a Bank of Cyprus non-performing loan portfolio by Apollo Global Management last week, despite its lack of a rating.

  • 03 Sep 2018

Securitization people & markets news archive