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Securitization People and Markets

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  • Most of the American Securitization Forum’s board members, including ratings agencies, consultants, law firms and banks, have resigned and terminated their memberships in a dispute with the organization linked to its 2010 split from the Securities Industry and Financial Markets Association.
  • Wells Fargo has hired Stafford Butt as a managing director in its asset-backed finance and securitization group in London.
  • FIG
    Barclays has created a new integrated financial institutions group in Europe, the Middle East and Africa. Richard Boath and Ben Davey will jointly lead a group that combines the FIG part of investment banking, the FIG sector of global finance, and the financial solutions team.
  • FIG
    Barclays has created a new integrated financial institutions group in Europe, the Middle East and Africa. Richard Boath and Ben Davey will jointly lead a group that combines the FIG part of investment banking, the FIG sector of global finance, and the financial solutions team.
  • The political push to make it easier for private student loan borrowers to discharge their debt is heating up and that has players in the student loan asset-backed securities space scoping the potential impact on their market.
  • Morgan Stanley is shaking up its securitized products group in a play to bolster its position in the new-issue securitization market.
  • Morgan Stanley is tapping a managing director in its Chicago office to head its securitized sales group.
  • Michael Freilich, a former managing director in structured credit sales at Deutsche Bank in London, has joined StormHarbour Securities as a managing director, also in London.
  • U.S. Department of the Treasury Counselor to the Secretary of the Treasury for Housing Finance Policy Michael Stegman laid out three primary goals the Treasury has for the U.S. housing market at ASF2013 Tuesday.