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Securitization People and Markets

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  • Markit has opened an office in Sydney, its first in Australia and its third in the Asia Pacific region.
  • Lehman Brothers has proposed a set of potential loan modifications to protect its U.K. non-conforming residential mortgage-backed securities from the current poor credit environment.
  • Industry experts have proposed the creation of an investor advisory committee designed to keep tabs on the methodologies and services provided by rating agencies in the structured finance market.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week's announcement that Blackstone will acquire GSO for as much as $930 million.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week’s announcement that Blackstone will acquire GSO for as much as $930 million.
  • Eaton Vance is defending loans and urging clients to stay in the asset class.
  • Anoop Dhakad, director of business development at MKP Capital said he is cautious on the prospects of the 15-25 distressed-debt funds that have launched in the wake of last summer's credit crunch.
  • The collateralized loan obligation groups of GSO Capital Partners and The Blackstone Group will merge following last week's announcement that Blackstone will acquire GSO for as much as $930 million.
  • Fitch is creating a new division called Fitch Solutions to separate out its analytics from its commercial activities. At the same time the rating agency is folding back into itself the Derivative Fitch subsidiary launched in Oct. 2006 as a specialist rating agency for the credit derivatives market.