Weekly Issue Archive »

Issue 442 - 19th June

  • News Analysis

    • Structured Finance

      • New dawn

        Trustees continue to address ongoing issues in the European securitisation market, but also see new ...

        The European securitisation market continues to develop and the trustee's role is evolving as it does so. While certain perennial challenges remain, new opportunities have also presented themselves. Although the trustee's role is essentially the sa...

    • CDS

      • Revival instincts

        Push to reinvigorate CDS market gaining traction

        Credit derivatives notional amounts fell to US$16trn at end-December from US$19trn at end-June 2014 and a peak of US$58trn at end-2007, according to the latest BIS Quarterly Review (SCI 9 June). As concern over potential liquidity shocks grows, indus...

    • ABS

      • Diverse distinction

        Aircraft ABS strengths, weaknesses weighed

        The US$1.21bn ECAF I deal, which priced this week, is notable for being the first on-the-run aircraft ABS to print since the crisis. The diversity of the transaction's lessee and country profile is one of its strengths, but replacement programmes are...

    • Structured Finance

      • Setting priorities

        Structured finance recruitment takes backseat to regulatory push

        The recruitment outlook for the structured finance sector continues to suffer from regulatory uncertainty. This state of ambivalence has dampened positivity in the European market, while resources in the US are being diverted towards other pressing n...

  • SCIWire

      • Euro secondary quiet

        With the Barcelona conference getting fully underway today it is expected to be very quiet in the Eu...

      • US CMBS widening

        US non-agency CMBS secondary spreads are heading wider. "Spreads are generally backing up and the...

      • US CLOs take a pause

        After a flurry of BWICS over the past two days the US CLO secondary market now looks to be taking so...

      • US CLOs ticking over again

        After yesterday's pause the US CLO secondary market is ticking over again today with the auction sch...

      • US RMBS volume dips

        The US non-agency RMBS secondary market has seen a dip in volume over this week, which could be the...

  • News

    • Structured Finance

      • SCI Start the Week - 15 June

        A look at the major activity in structured finance over the past seven days

        Pipeline It was another busy week for the pipeline. There were nine new ABS added - including yet another Chinese deal - as well as three RMBS, three CMBS and a CLO. The ABS were: US$214m American Credit Acceptance Receivables...

      • Successful ED project 'requires support'

        While the European DataWarehouse (ED) has continued to make strides over the last 12 months, data shortcomings in the market which are beyond the ED's power to address threaten to derail further progress. For this reason, it may be necessary for the...

      • STC clarification underway

        Plans are underway for European policymakers to homogenise the various European securitisation acronyms to the simple, transparent and comparable (STC) framework, according to the Bank of England's executive director of prudential policy David Rule....

  • Talking Point

    • Structured Finance

      • Liquidity squeeze

        Osmo Timonen, an expert in bank regulation at management and technology consultancy BearingPoint, di...

        Since 2012, the Basel Committee on Banking Supervision has been working on a major overhaul of market risk capital requirements for banks´ trading-book positions. The regulatory initiative - entitled the Fundamental Review of the Trading Boo...

  • Job Swaps

    • ABS
    • Structured Finance

      • Agency grabs Europe head

        DBRS has hired Detlef Scholz as group md, head of Europe. In the newly created position, Sc...

      • Securitisation head tapped

        Richard Burke has joined Mizuho as head of securitisation. He replaces Shinichi Nochiide, who is rel...

      • Structuring vet returns

        Paul Levy has rejoined GreensLedge as md. He arrives from Hayfin Capital Management, where he worked...

      • CRE pro poached

        Jonathan Pollack has joined Blackstone as a senior md in its real estate group. He will be the cio f...

    • CDO

      • CDO holdings divested

        Zions Bancorporation says it has sold the remainder of its CDO holdings. The move is expected to sub...

      • New manager for ABS CDO

        Dock Street Capital Management has been appointed as successor collateral manager to Fort Sheridan A...

    • CLOs

      • CLO structurer brought in

        A former GreensLedge director has moved to Deutsche Bank to take up a CLO structuring role in London...

  • News Round-up

    • ABS

      • CFPB oversight extended

        The US Consumer Financial Protection Bureau has published a rule that will allow the agency to super...

    • CDO

      • Lehman payments due

        Liquidators PPB Advisory has made a final call for claims from potential CDO creditors of the Lehman...

    • CMBS

      • Online CRE loans offered

        RealtyMogul.com says it has received US$250m in direct fincial commitments from large institutional...

      • Gap exposure gauged

        Gap has announced that it plans to close 175 Gap branded stores in the coming years, including 140 t...

      • CMBS 2.0 mod requested

        A 2010-vintage loan securitised in JPMCC 2010-C1 has been unable to refinance on its maturity date a...

    • Risk Management

      • RFC issued on Dutch RMBS

        S&P has requested comments on proposed changes to its methodology for rating Dutch RMBS. The...


Print this issue Click here to access this issue in print format

×