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
-
Italian banks are the most likely financiers of their own non-performing loan (NPL portfolio sales, thanks to the structure of the government guarantee scheme, and the difficulty of executing large NPL trades with external finance. Portugal, too, looks set to go down the same road.
-
A senior French regulator floated the idea of having a single European financial supervisor this Wednesday, which he said would help ease concerns over “regulatory arbitrage”. -
ABS market professionals are hoping for a Conservative victory in Thursday's UK general election, with many saying they are dreading the uncertainty if the vote results in a hung parliament.
-
Despite quantitative easing measures contributing to persistent shrinking in the size of the European RMBS market, panellists at Global ABS on Wednesday were optimistic that the tapering of central bank funding schemes would see a resurgence of supply, as new non-bank lenders grow market share and banks look to refinance retained deals.
-
Sources close to the Maltese presidency of the European Council have downplayed the importance of the regular reviews of risk retention rules, agreed under the new rules for 'simple, transparent and standardised' securitizations last week.
-
Regulatory technical standards (RTS) related to the simple, transparent, standardised (STS) European securitization framework could take as long as 12 months to finalise, which would leave almost no time between RTS finalisation and STS implementation.
-
Barclays US structured credit strategist Brian Ford has returned to Kroll Bond Ratings in New York after a two year stint at the investment bank.
-
Corporate and private equity services provider Intertrust has appointed a new global head of capital markets from Bank of America Merrill Lynch.
-
UniCredit’s flagship non-perfoming loan (NPL) sale, Project Fino — which stands for “failure is not an option” — will only raise 40% of its cash up front, with UniCredit granting Pimco and Fortress, the buyers of the €17.7bn portfolio, more than three years to pay the rest.
