Weekly Issue Archive »

Issue 894 - 22nd March

  • SRT Market Update

    • Capital Relief Trades

      • Tight print for Broadway

        SRT Market Update

        BNP Paribas’ Broadway SRT trade has priced, with the French issuer placing a first loss tranche (believed to be less than 6%) with investors. The funded transaction - which references a static, short-dated portfolio of predominantly North A...

  • News

    • Structured Finance

      • SCI Start the Week - 18 March 2024

        A review of SCI's latest content

        Last week's news and analysis CLO strategic partnership inked Sagard partners with HalseyPoint, while Obra launches RE platform Constructive engagement What it takes to close a debut SRT trade Growth expectations Alastair Pickett, co-port...

    • Capital Relief Trades

      • Regional clamour

        Fed approves Truist, Huntingdon in the market as regionals seek SRT balm

        The Federal Reserve this afternoon (March 22) published approval on its website for Truist Bank to have an upcoming CLN, and “certain substantially identical CLN transactions, treated as synthetic securitizations under Regulation Q.&rdq...

  • Market Moves

    • Structured Finance

      • Motor finance review sparks RWA optimisation

        Market updates and sector developments

        Close Brothers has unveiled plans to strengthen its capital position by optimising RWAs, including by reducing RWA growth by approximately £1bn through a combination of selective loan book growth, partnerships and significant risk...

      • Job swaps weekly: ARMOUR reveals successors to Gruber

        People moves and key promotions in securitisation

        This week’s roundup of securitisation job swaps sees ARMOUR Residential REIT announce successors to outgoing cio Mark Gruber. Elsewhere, Palliser Capital has hired a securitisation veteran as chair of its US division, while Simmons...

      • NCSLT found to be 'covered persons'

        Market updates and sector developments

        In a case involving the CFPB and the National Collegiate Master Student Loan Trust (NCSLT), the Third Circuit has found that statutory trusts used to handle securitisations are considered ‘covered persons’ for purposes of...


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