Latest news
Latest news
Vida Bank is also building up its funding team
Bank’s relationship with SpringCash is ‘commercial’
Stefan Jost will take over the role
More articles
More articles
-
A second securitization of peer-to-peer consumer loans is being prepped for early 2014 from Eaglewood Capital Management. National Alliance Capital Markets and Waterford Capital, the boutiques that engineered the first P2P transaction, plan to double the size of their first $54 million transaction, which sold in October and was backed by consumer loans from Lending Club. Ray Gatten, principal and managing director at broker-dealer National Alliance, spoke this week with SI reporter Matt Scully about the upcoming transaction and about other projects the Texas-based firm is working towards, including an oil contract and receivables ABS.
-
Gerald Keefe, Head of U.S. Banking and Origination at Citi Group’s securitized products group, is taking on a new role as Corporate Bank Head with Citi’s corporate banking division in Japan, beginning Jan. 1.
-
The Basel Committee on Banking Supervision this week is reviewing a set of December 2012 proposals that would increase risk-weightings and capital charges to banks’ securitized assets, but U.S. implementation could still be several years away.
-
UBS has created an event-driven team to help it win more financing and hedging business from its franchise in European corporate mergers and acquisitions and equity capital markets.
-
UBS has created an event-driven team to help it win more financing and hedging business from its franchise in European corporate mergers and acquisitions and equity capital markets.
-
Crédit Agricole has hired three bankers, saying it is expanding its high yield bond franchise.
-
The National Bank of Abu Dhabi has hired structured trade finance veteran Aleem Khan to run its newly established structured finance business.
-
The National Bank of Abu Dhabi has hired structured trade finance veteran Aleem Khan to run its newly established structured finance business.
-
Credit Suisse bowed to the inevitable on Wednesday and cut jobs within its SSA syndicate and DCM team, including syndicate veteran, Ed Mizuhara's, having announced in its third quarter results that the cost of running its rates business had become unsustainable because of leverage rules. However, only two jobs have been lost within the bank’s SSA business.