© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Securitization People and Markets

More articles

More articles

  • The Bond Market Association is working to develop a "NewBank," which would act as a standby bank, activated if a credit, legal or other problem caused market participants to lose confidence in one of the two current clearing banks, JPMorgan and the Bank of New York, and no well-qualified bank stepped forward to purchase the existing bank's clearing business.
  • Fitch Ratings is seeking market feedback on its new distressed recovery ratings for structured finance transactions.
  • Boutique investment bank Imperial Capital has expanded its sales and trading platform for high-yield and distressed securities after seeing less competition in the market because of the effects of TRACE, NASD's Trade Reporting and Compliance Engine.
  • GSC Partners hired Robert Paine from Stanfield Capital Partners, where he was a distressed debt portfolio manager.
  • Moody's Investors Service has extended its comment period regarding its proposed loss-given-default ratings and probability-of-default ratings to March 31, from Feb. 28.
  • The Senate Banking Committee has set a March 7 target date to hold a hearing on how or whether to bring more competition to the credit ratings space.
  • Barclays Capital is adding to its high-yield business by landing John Kempf as a director and senior high-yield analyst for the U.S. lodging, leisure and gaming sectors.
  • The International Swaps and Derivatives Association, The International Capital Markets Association and The Bond Market Association have formed The Global Capital Markets Board.
  • Lehman Brothers last week launched a U.S. high-yield loan index, in order to measure the performance of the high-yield floating-rate leveraged loan market.