Latest news
Latest news
Hire follows launch of new asset backed finance fund
Karen Anzalone joins law firm's structured finance and securitization practice
Bank continues to build in priority area
More articles
More articles
-
CLO portfolio manager and leveraged credit veteran Gil Tollinchi will depart investment management firm Pretium Partners at the end of April. -
ABS eligible for the simple, transparent and standardised’ (STS) criteria could have lost its preferential capital benefits after payment freezes on consumer lending went into place across Europe, but the EBA has acted to clear up the uncertainty and confirm the capital benefits.
-
A new insurance-linked security (ILS) gives investors exposure to Credit Suisse’s operational risk: the third trade of its type covering the Swiss bank and the biggest one yet. Credit Suisse can receive relief on regulatory capital from insurance policies related to non-financial risk.
-
The Federal Reserve unveiled two new liquidity facilities on Thursday to support small and medium sized businesses against the backdrop of an unemployment report that showed another 6.6 million Americans filed for unemployment benefits last week.
-
The Federal Reserve on Thursday announced that the Term Asset Backed Lending Facility (TALF) will be expanded to include triple-A rated CMBS and CLO paper as eligible collateral, part of another sweeping set of relief measures to support the economy as damage from the virus pandemic mounts.
-
Royal Bank of Scotland is pushing ahead with job cuts in its investment banking division, bucking a trend by big banks to delay restructuring plans and cost-cutting during the coronavirus crisis.
-
US lawmakers are moving towards securing an additional $250bn for the Paycheck Protection Program (PPP) as it becomes clear that businesses will burn through the amount originally set aside for the rescue. But more funding is just one of the many fixes the programme needs, sources say.
-
GlobalCapital speaks with Funding Circle head of US regulatory affairs and social impact, Ryan Metcalf, about the pitfalls of the US government’s Paycheck Protection Program, the hurdles for fintech companies, and other measures the Trump administration can take to protect small businesses.
-
Banks sponsoring asset-backed commercial paper conduits activated the liquidity lines backing up these vehicles in the days before Federal Reserve intervention started to stabilise commercial paper markets, as rates spiked and investors focused on only the shortest maturities.
