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Banker had been at NatWest for three years
New hire to be US head of digital infrastructure finance for combined firm
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Premium Point Investments has hired mortgage industry veteran Stephen Jones to lead the asset manager’s expansion into multifamily housing.
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Glenn Costello, former chief policy officer at Kroll Bond Rating Agency, has died after a long battle with cancer.
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The European residential mortgage-backed securities market has been dwindling since 2007. If the trend continues, the outstanding bonds could be nearly three quarters redeemed by 2021, according to Barclays analyst Dipesh Mehta.
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Securitization service provider Clayton has bought two Utah companies that will add to its capabilities in assessing loan performance and valuing real estate assets.
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Wells Fargo has appointed new co-heads of its asset-backed finance and securitization team following Julie Caperton’s promotion to head of corporate development.
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Marketplace lending in continental Europe, while lagging far behind the US and the UK, has taken a step forward as SME platform Lendix announced a tranche of institutional money committed to SME lending
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Ally Bank, the online direct banking unit of auto ABS sponsor Ally Financial, has appointed a new president to replace Barbara Yastine.
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Law firm Winston & Strawn is expanding its leveraged finance practice in New York, with growth in structured finance part of its strategy.
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Covered bonds and RMBS share important similarities, as both the European Central Bank and Bank of England acknowledged last year in a discussion paper. As the two asset classes evolve, the vastly different regulatory regimes applied to each should become more difficult to justify.