Latest news
Latest news
New realm for ex-Natixis banker, as HSBC Innovation Bank hires
Patrick Wills has more than 14 years’ experience working at US bank
Manager establishing London-based European BSL CLO platform
More articles
More articles
-
The move toward fixed-note issuance in European asset-backed securities linked to automobile loans is a “welcome development,” reinforcing a trend for structural simplicity, according to Fitch Ratings.
-
Goldman Sachs is said to be raising $518 million for a collateralized loan obligation managed by Credit Suisse Asset Management.
-
Vancouver, B.C.-based Forum National Investments has announced plans to launch a US$9 million convertible securitized bond backed by senior U.S. life settlements, said to be an industry first.
-
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have adopted higher capital requirements proposed by the Federal Reserve, but two new FDIC board members,
-
Morningstar has released the methodology it will use to rate residential mortgage-backed securities.
-
Pittsburgh-based PNC says it expects to post $76 million in losses from forced repurchases of mortgages in the second quarter.
-
Jamie Dimon, ceo of JPMorgan Chase, expressed regret at a Senate Banking Committee hearing over losses from derivatives executed through the investment bank’s chief investment office, saying the trading strategy was “poorly conceived and vetted,” that traders took risks they did not understand, but that the Volcker Rule’s ban on proprietary trading was unnecessary.
-
The Securities Industry and Financial Markets Association is pressing the U.S. Federal Housing Finance Agency to merge additional operations of Fannie Mae and Freddie Mac.
-
Andrew Bellis has left as head of collateralized loan obligations at Credit Suisse. .