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Securitization People and Markets

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  • Securitization teams at Citigroup and Deutsche Bank are being hit hard as yet another round of layoffs sweeps the Street.
  • Markit has opened an office in Sydney, its first in Australia and its third in the Asia Pacific region.
  • Lehman Brothers has proposed a set of potential loan modifications to protect its U.K. non-conforming residential mortgage-backed securities from the current poor credit environment.
  • Industry experts have proposed the creation of an investor advisory committee designed to keep tabs on the methodologies and services provided by rating agencies in the structured finance market.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week's announcement that Blackstone will acquire GSO for as much as $930 million.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week’s announcement that Blackstone will acquire GSO for as much as $930 million.
  • Eaton Vance is defending loans and urging clients to stay in the asset class.
  • Anoop Dhakad, director of business development at MKP Capital said he is cautious on the prospects of the 15-25 distressed-debt funds that have launched in the wake of last summer's credit crunch.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week's announcement that Blackstone will acquire GSO for as much as $930 million.