Latest news
Latest news
European and high yield chiefs to take the reins
Kevin Duignan to retire after 33 years, mainly in structured finance
First European buy now, pay later securitization expected next year
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Volkswagen Financial Services UK is launching a new auto ABS transaction from its UK master trust programme for approximately £500m at a time when both used and new UK car sales have started to decline. Crédit Agricole Corporate and Investment Bank is acting as arranger and lead manager.
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JP Morgan researchers on Wednesday flagged the finalized Fundamental Review of the Trading Book (FRTB) rule as only slightly less problematic for securitized products dealers than the original version published by the Basel Committee in 2014, stating that capital requirements were still too burdensome and could lead to whole sectors experiencing a drop in issuance.
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Sandra O’Connor, chief regulatory officer at JPMorgan Chase, is retiring from the firm on April 1, according to an internal memo seen by GlobalCapital.
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As investors and service providers pour into the market for Greek non-performing loans, authorities in the country have proposed two schemes to help the country's banks meet their ambitious targets for selling off these assets and cleaning up their balance sheets. Only one of them deserves serious consideration.
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Latham & Watkins has hired Jeremiah Wagner as a partner in its finance department. Wagner’s practice will focus on advising banks, private equity funds, asset managers, insurance companies, and pension funds on a variety of complex structured finance, securitization, and derivatives transactions.
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Politicians in California have put forward a bill allowing the state to use insurance-linked securities (ILS) to protect itself against natural disasters.
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Members of the European Parliament are planning to add a controversial ‘non-sustainable’ category to the Taxonomy of Sustainable Economic Activities proposed last year by the EU Commission. Two Brussels sources have told GlobalCapital the Parliament's vote on the issue, scheduled for Wednesday February 20, has been postponed after heavy pressure from corporate lobbyists.
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Praetura Asset Finance successfully snuck in its debut securitization at the end of last year, just days before the deadline for grandfathering under the new European securitization regulation closed, despite having only recently finished a merger with another asset finance firm.
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Santander hires European ABS trading head – Créd Ag shuffles CIB – Liquidnet appoints president