.png){kind=logo}
GC Asia
-
RBC taps Citi director as head of CLO structuring
RBC Capital Markets has tapped a CLO director at Citi to lead its CLO structuring desk.
13 May 2021 -
Securitization stalwart Paratus AMC up for sale via Houlihan
UK specialist lender Paratus AMC is up for sale, GlobalCapital understands. If a deal is done, it will open a new chapter in the history of one of the best known names in European securitization, and change the ownership structure for a host of RMBS deals.
13 May 2021 -
Senate votes to overturn 'true lender' law
The Senate voted to overturn the 'true lender' law, a rule which makes it easy for non-bank marketplace lenders to originate loans through banks. Though the rule is unlikely to be rescinded, the efforts to roll it back show that pressure will remain on marketplace lenders, as states challenge federal regulations that they see as infringing on their licensing and usury laws.
12 May 2021 -
IR+M bolsters client portfolio management team
Income Research + Management, a private fixed income asset management firm in Boston, added Ken Johnson and Philip Machoka as vice-president and portfolio manager to expand its client service team.
11 May 2021 -
OnDeck CEO leaves for Bain Capital Ventures
Noah Breslow, OnDeck’s former chairman and chief executive officer, has left the company to join Bain Capital Ventures as an operating partner. The news of his departure comes nearly seven months after Breslow sold OnDeck to Enova and after key management personnel, including the head of corporate communications, have exited the company.
11 May 2021 -
 from him for use 575x375.jpg)
Daimler corporate finance head to retire after shaping new structure
Peter Zirwes, the highly regarded head of corporate finance at Daimler, Europe’s second biggest corporate bond issuer, will retire at the end of August. This follows an eventful career that has spanned bouts of transformative M&A.
06 May 2021 -
EBA revises NPL data plan which could become compulsory
The European Banking Authority has published a new version of its NPL data templates, which are supposed to serve as a standardised way for buyers and sellers of non-performing portfolios to exchange information.
05 May 2021 -
Redding Ridge hires from JP Morgan and Cadwalader
Apollo subsidiary Redding Ridge has boosted its CLO platform, hiring Patrick McCarthy from JP Morgan, and Andrew Croshaw from law firm Cadwalader.
03 May 2021 -
BNP Paribas hires Lloyds securitization banker
BNP Paribas has hired a senior securitized product banker to work on ABS origination and structuring.
30 Apr 2021 -
WhiteStar eyes acquisition candidates in European CLO build-out
WhiteStar Asset Management’s expansion into London could include the purchase of an existing CLO platform, according to chief executive Gibran Mahmud. The Texas-based firm, run by the former Highland Capital Management team, announced last week that it had opened a London office headed by executive chairman Gordon Neilly.
29 Apr 2021
