Latest news
Latest news
New hire to be US head of digital infrastructure finance for combined firm
Norton Rose Fulbright and Katten have added to their legal teams
More articles
More articles
-
Some investment banks are beginning to move debt capital markets and bond syndicate bankers from London to the EU 27 because of Brexit, or are preparing to do so. Every bank is tackling the issue in its own way, but the common view that in the bond market only trading and sales people would have to move is now looking less tenable. -
The Special Situations Group at Goldman Sachs has structured private financing vehicles based in Luxembourg, which package up bundles of loans made by the group with an average rating of B/B-. The vehicle will also hold risk retention interests for Goldman-sponsored securitizations.
-
The European Parliament will push for stronger rules on sustainability for investment firms and banks, after its Economic and Monetary Affairs Committee voted on Monday evening to go beyond what the European Commission is recommending.
-
Chris Woolard, executive director of strategy and competition at the UK’s Financial Conduct Authority, has warned mortgage bankers about the explosive grow in the lifetime mortgage section of the market — a move driven partly by regulatory changes for the UK’s life insurers.
-
Obscure disclosure rules for European securitizations could bring asset-backed commercial paper conduits to a sudden stop on January 1, forcing the banks that sponsor them to step in with liquidity support of up to €130bn.
-
Uncertainty over the ultimate shape of the European Union’s simple transparent and standardised (STS) securitization framework may be hampering investor demand for top quality securitizations, according to bankers.
-
The Council of the European Union agreed on a softer line for writing down non-performing loans on Wednesday, extending the timeline that European banks will be given to provision bad loans down to 0%. The Council’s proposals also add a third category of NPLs to the planned distinction between ‘secured’ and ‘unsecured’, giving separate treatment to loans secured on 'movable' collateral.
-
The credit arm of private equity firm BC Partners has listed a new direct lending business, Mount Logan Capital, with the firm eyeing better returns in private credit compared with more liquid markets.
-
Lloyd’s of London has identified several financial instruments that could boost investment in resilience against disaster. The solutions incorporate features of loans, bonds, catastrophe bonds and securitization.
