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
More articles
More articles
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UK Asset Resolution (UKAR) suspended its policy of preventing its sellside advisers from taking on buyside roles in portfolio sales, allowing Credit Suisse to work for both sides during the £13.3bn sale of the Northern Rock Granite portfolio, according to a report from the National Audit Office released on Tuesday. -
CaixaBank has reorganised its debt capital markets and syndicate teams, following the departure of Maria Castro to head funding for the bank.
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Jeremy Bennett, the former CEO of Nomura International and EMEA, and architect of the UK’s crisis-era £800bn Asset Protection Scheme, has joined Funding Circle as global chief financial officer.
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The Basel Committee on Banking Supervision’s updated securitization framework shows strong alignment with the European Commission on risk weights — but adverse discussions in the European Parliament mean that the chances creating the elusive 'level playing field' for high quality securitizations looks slim.
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The Basel Committee on Banking Supervision has updated its framework for the regulatory capital treatment of securitization, allowing a “modest” reduction in minimum capital requirements for deals that meet “simple, transparent and comparable” (STC) criteria.
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European credit fund managers look precariously positioned after last week’s rally, with the market having taken a turn for the weaker and options trading activity suggesting few are well hedged.
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MEP Paul Tang stepped into what Richard Hopkin, head of fixed income at the Association for Financial Markets in Europe, described as a “lion’s den” of securitization professionals at the Global ABS conference in Barcelona on Thursday, to explain the reasoning behind his recent proposals to tighten the regulation of the market.
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BNP Paribas has hired RBC's Mehdi Kashani to head European ABS trading.
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The rise of repo and secondary financing is becoming increasingly important to keeping ABS trading alive, as two major banks restructure their securitization businesses to bring trading, secondary financing and primary financing closer together.
