Latest news
Latest news
Despite a tepid response in a 2024 consultation, there are signs EU authorities are laying the groundwork
European and high yield chiefs to take the reins
Kevin Duignan to retire after 33 years, mainly in structured finance
More articles
More articles
-
Six months into its inception, the ‘simple, transparent and standardised’ (STS) securitization framework seems to be doing its job. It has successfully established a market set to inherit the majority of ABS issuance, with issuers noting a raft of new investors operating in the sector. But have those buyers made a wrong assumption about how the ECB views STS deals?
-
Lloyds Bank has appointed heads to several of the banks fixed income groups, while also announcing the retirement of securitized products group (SPG) chief Parker Russell.
-
Chris Rigby, who formerly ran Lloyds’s ABCP conduit business, has joined Stenn International, a supply chain and trade finance company, as global head of finance and capital markets.
-
A long-standing capital markets practitioner is leaving BNP Paribas.
-
Terranova finds new ground at BNPP — BBVA appoints equity head from Commerz — Czornik joins JPM for German M&A
-
Residential PACE provider Renew Financial has promoted Mary Kathryn Lynch, who has worked in finance and capital markets at the company for about three-and-a-half years, to the position of chief financial officer.
-
The Association for Financial Markets in Europe (Afme) is preparing a response to the UK Financial Conduct Authority’s mortgage market consultation, to try to ensure that rules intended to help ‘mortgage prisoners’ do not hurt the broader UK securitization market.
-
Edward Altman, creator of the Z-score metric predicting corporate bankruptcies, has co-founded a new company that automates credit scores for small and medium sized firms. That could help provide ratings for the SME CLO market.
-
The suspension of the Woodford Equity Income Fund and the collapse of London Capital & Finance show how retail investors lack regulatory protection. This is strange, when a source of safer returns — bonds issued by large banks — is often deemed too complex and risky for the ordinary person to invest in.