SCI Start the Week - 13 May 2024

SCI Start the Week - 13 May 2024

Monday 13 May 2024 11:20 London/ 06.20 New York/ 19.20 Tokyo

A review of SCI's latest content

*CRT Awards 2024*
The submissions period for SCI’s 2024 Capital Relief Trades Awards closes on 31 May. Apply now to secure your chance to be recognised and celebrated by the SRT industry at a gala black-tie dinner at RIBA HQ!
*Please only include information in submissions that is ‘on-the-record’, as SCI reserves the right to use such information in an eventual awards write-up.
For all the details on the CRT Awards categories and the nominations process, click here.

Last week's news and analysis
CFPB alleges student loan servicing failings
Updates on one legal action as another servicer goes on RWN
Double whammy
US Bank back with another but bigger IG CRT
Efficient frontier
Optimising returns in a post-Basel 4 landscape
European SRT: Shifting prices – video
Alvarez & Marsal's Robert Bradbury speaks to SCI about pricing dynamics
Golub launches insurance solutions team
Updates on Golub’s latest expansion & Brookfield buying into Castlelake
Job swaps weekly: Western Alliance Trust elevates CLO expert to president and ceo
People moves and key promotions in securitisation
US CRT prepped
Citi back in market with a fresh CRT mandate
Deal-focused updates from our ABS Markets and CLO Markets services

SCI In Conversation podcast
The latest episode is a special for International Women's Day in which SCI deputy editor Kenny Wastell speaks to Ruhi Patil, a counsel in Dentons' London office, about gender diversity and inclusion in the structured finance industry.
The episode can be accessed here, as well as wherever you usually get your podcasts, including Apple Podcasts and Spotify (just search for ‘SCI In Conversation’).

SRTx benchmark
SCI’s SRTx (Significant Risk Transfer Index), is a benchmark that measures the estimated prevailing new-issue price spread for generic private market risk transfer transactions. Calculated and rebalanced on a monthly basis by Mark Fontanilla & Co, the index provides market participants with a benchmark reference point for pricing in the private risk transfer market by aggregating issuer and investor views on pricing. For more information on SRTx or to register your interest as a contributor, click here.

Upcoming SCI events
2nd Annual Esoteric ABS Seminar
30 May, New York

Emerging Europe SRT Seminar
18 June 2024, Warsaw

CRT Training for New Market Entrants
14-15 October, London

Women In Risk Sharing
15th October, London

10th Annual Capital Relief Trades Seminar
16 & 17 October 2024, London

2nd Annual European CRE Finance Seminar
November 2024, London