Latest news
Latest news
Bank’s relationship with SpringCash is ‘commercial’
Stefan Jost will take over the role
Koning to leave in the next year
More articles
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Risk retention in securitization, designed to make sure players have ‘skin in the game’, has driven a trade that seems almost the opposite – investment banks profiting by using their market stature to hold risk retentions instead of their clients. Barclays is the most recent player to take advantage, and for the lowest fee yet.
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Fitch Group has reached an agreement to acquire Fulcrum Financial Data, which includes financial analysis brands such as Covenant Review, LevFin Insights and Capital Structure.
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The new Securitization Regulation, due to come in on January 2019, could unintentionally block banks from disposing of legacy assets, pushing some buyers and sellers to try to accelerate trades to get them done before the end of the year.
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Crédit Agricole has announced a trio of hires that will expand its capabilities in the US credit markets, including a new head of ABS syndicate with experience in both traditional banking and financial technology.
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UK rail leasing company Porterbrook said it had hired Stefan Rose as head of structured finance, a role in which he will manage the financing business and the firm’s relationships with its banks and investors.
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As banks and investors assess the impacts of IFRS 9, introduced this year, a second wave of effects from the new accounting rule could hit the market and spur asset sales from banks and pushing interest rates sharply higher for consumers.
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The European Commission has defended its plans to forge ahead ahead with plans to introduce sovereign bond-backed securities (SBBS), despite market participants’ lack of enthusiasm for the project.
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Citi's Peter Keller, former co-head of EMEA structured credit, has been promoted to EMEA head of spread product sales.
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Barclays has hired a new head of CLO origination and syndication from Citi, as well as hiring two bankers from Natixis to set up a new middle market CLO platform.