Latest news
Latest news
New York banker to lead BBVA's ABS push in US
Hoehl worked on Santander's desk for 15 years
ABS structurer joins from Cantor Fitzgerald
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The Colorado attorney general reached a settlement with marketplace lenders Avant and Marlette Funding on Tuesday that enables the lenders to keep working with partner banks under safe harbour provisions if they comply with rules set out by the state. Market participants said the settlement is a clear win for online lenders, as it brings legal certainty, and it may guide other states in resolving “true lender” issues.
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Paul, Weiss, Rifkind, Wharton & Garrison has hired Charles Pesant as partner in the securitization practice group and in the corporate department in New York.
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UK politicians should prepare for mortgage holidays becoming a political hot potato after borrowers who took payment holidays just-in-case realise that their financial well-being may not be as unscathed as they first anticipated.
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Amigo’s estranged founder wants to return to Britain’s biggest guarantor loans provider, floating the possibility of another shareholder vote, after selling more than 40% of the company, reducing his stake to below 20%.
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A new Brazilian law is set to boost credit card ABS securitizations from non-bank lenders, helping the alternative sector to thrive despite the economic fallout from coronavirus.
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Supply chain finance company Greensill has hired Peter Charles as vice-chairman of distribution and Dolph Habeck as managing director, head of distribution of the Americas, the company told GlobalCapital.
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NatWest Markets has restructured its divisions and given them new leadership. It is also moving some UK corporate-focused bankers over to the ring-fenced bank.
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Real estate investment firm Toorak Capital Partners has hired Kevin Tatro as head of asset management and reporting and Stephen Tyde, Jr, as head of special servicing.
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Deutsche Bank picks pair for healthcare — Rothesay makes moves in US — Barclays announces new ESG positions