Latest news
Latest news
Japanese bank poaches Barclays structured credit sales director
'The lessons of the financial crisis should not be forgotten,' spokesperson warns
The point of 'Simple, Transparent and Standardised' is that these deals are safe
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The search for a solution to the troubled Opera Finance (CMH) commercial mortgage-backed securities took another step towards noteholder stalemate after Kennedy Wilson and Värde Partners, whose joint cash bid for the portfolio was rejected by junior classes last week, bought 25% of the class B notes, putting them in a position to reject noteholder votes for other proposals.
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Ruslan Margolin, head of non-agency mortgage-backed securities trading at Knight Capital Group, left the firm, destination: the whole world.
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Omar Chaudhary has relocated from Goldman Sachs’ London office to head up the firm’s U.S. collateralized loan obligations new issue business in New York.
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HSBC has hired Omar Faruqui to run its UK financial sponsors business, as part of a continuing expansion of its global banking business.
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Francois Pham-Quang, the former head of European equity derivative sales at Lehman Brothers in London and founder of a shop that securitized cashflows from music assets, has joined London-based interdealer broker Forte Securities.
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Stamford, Conn.-based Nebula Capital Management is aiming to become a collateralized loan obligations manager and has tapped a senior hire as part of the effort.
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The Structured Finance Industry Group is expanding its staff, scooping up Kristi Leo, former co-head of Deutsche Bank’s U.S. structured finance banking and origination group, and Armando Falcon, former general counsel to the United States House of Representatives Committee on Banking and Financial Services.
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Global asset manager Brevan Howard is picking up former Bear Stearns mortgage-backed securities veteran John Ripperger.
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The head of the Securities Industry and Financial Markets Association’s Securitization Group Richard Dorfman has left the industry group, according to a memo to members viewed by SI.