Latest news
Latest news
The point of 'Simple, Transparent and Standardised' is that these deals are safe
Asset manager hires non-agency RMBS portfolio manager
Schaafsma has long experience from Moody's and Standard Chartered
More articles
More articles
-
European Union Commissioner Michel Barnier added his weight to the regulatory impetus behind securitization on Tuesday, saying the promotion of the asset class as a tool for boosting business lending would not endanger financial stability.
-
The risk weights for securitization have been halved, again, in the latest version of Solvency II. Naturally the market is pleased to be further out of the regulatory dog house, but the way risk weights (and therefore careers, businesses and economies) can be slashed at the stroke of a pen ought to give pause for thought.
-
A senior securitization structurer at Barclays has left the firm and is bound for Credit Suisse, GlobalCapital understands.
-
Tilden Park Capital Management is preparing to beef up its asset-backed securities activity with a new hire from One William Street Capital to lead the firm’s esoterics desk.
-
The capital charges for insurers to hold securitizations have been halved again, according to the latest draft of Solvency II circulated privately from March 14.
-
US residential real estate transaction firm Carrington, which has been trying to straddle the buy- and sell-sides of the distressed mortgage markets, lost a team led by former Citadel and JP Morgan banker William King.
-
An entire team at Carrington Holding Company has left the firm, which has been trying to straddle both the buy and sell-side of the distressed mortgage markets.
-
While pundits have quickly dismissed any chance of legislation to wind down Fannie Mae and Freddie Mac moving forward any time soon, market participants have been quick to scour the proposal to assess how certain interests are faring in Washington. While builders and bankers may be revelling at certain aspects of the proposal, private-label RMBS issuers may be the biggest losers, according to a top securitization banker.
-
Solactive, the German index provider, has launched the first index of green bonds — the fast-growing category of bonds with proceeds earmarked for specifically enviromental uses. The initiative was welcomed by some market participants as a move that could raise the profile of green investment and help fund managers. But it is also the first formal delineation of the green bond market — an issue that could prove controversial, writes Jon Hay.