Latest news
Latest news
European and high yield chiefs to take the reins
Kevin Duignan to retire after 33 years, mainly in structured finance
First European buy now, pay later securitization expected next year
More articles
More articles
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Waterfall Asset Management’s 2017 NPL securitization of Creval loans, Elrond NPL, has been downgraded as collections fell short of expectations. Scope Ratings said that cumulative collections were only 75% of those in the original business plan, with cash still stuck in challenging court processes. -
Santander has hired a senior securitization banker from StormHarbour Securities as head of its continental European securitization team, working on both public and private placements as well as advising on significant risk transfer (SRT) deals.
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Man GLG, the investment management business of Man Group has hired Patrick Kenney and Santiago Pardo, both of whom will focus on non-US stressed, distressed and opportunistic credit globally.
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A victory for nominative determinism at BNPP — Värde Partners names new co-CEO — Credit Suisse hires Goldman banker for Saudi effort.
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Morningstar Credit Ratings and DBRS have announced the appointment of the heads of their combined RMBS and CMBS groups following Morningstar’s acquisition of its Canadian rival in May.
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The Alternative Reference Rates Committee (ARRC) is working to set guidelines for consumer loans in its latest efforts to prepare capital markets for the end of Libor.
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Allen & Overy has added a partner to the firm’s leveraged finance practice in New York.
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The Securities and Exchange Commission (SEC) has published a report highlighting the urgency for market participants to speed up the discontinuation and transition away from Libor to alternative reference rates.
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Amundi and the European Investment Bank are collaborating on a new €1bn fund aimed at bringing the benefits of green bond funding to smaller issuers in the EU and those with weaker credit quality. They will originate deals through a network of banks.
