Hints and tips:
Related Special Reports
...These vehicles are called business development corporations, or BDCs....
...The JPMorgan banker-turned-exchange boss turning noodles into securities In modern capitalism, you can securitise all sorts of things — mortgages, the loans backing private equity buyouts, car loans, even...
...The target company expects to receive the money, which is held in a trust account by the Spac, but as the asset class has fallen out of favour, investors have chosen to redeem their cash in large volumes...
...It hit $58bn in loan originations in 2021, a 1,000 per cent increase from two years prior....
...Most self-storage companies are structured as real estate investment trusts (Reits). A higher rate environment means the relatively high dividend yields generated by Reits are less attractive....
...After acquisition, the stable cash flows generated by the asset provide the security for further borrowing, allowing Macquarie to significantly increase the indebtedness of the acquired company....
...Five unmissable stories this week Baillie Gifford’s flagship Scottish Mortgage Investment Trust asked one of its non-executive directors to resign at a board meeting on Thursday, following what he said...
...Yet banks have to maintain little capital to absorb potential losses on mortgage-backed securities issued by US government agencies, he said....
...Job moves Scottish Mortgage Investment Trust has named seasoned board trustee Sharon Flood and Unilever strategy head Vikram Kumaraswamy as independent non-executive directors....
...Clifford ChanceO: 6; L: 6; I: 7; Total: 19Zodia Custody, a UK-based crypto asset custodian launched by Standard Chartered bank in association with Northern Trust, approached the firm for advice on a joint...
...CFOs are, in some ways, a private equity variant of “collateralised debt obligations”, the bundles of mortgage-backed securities that only reached the public consciousness when they wreaked havoc during...
...The lawyers structured the deal to allow for flexibility as it progressed....
...As head of the US Federal Deposit Insurance Corporation from 2006 to 2011, Sheila Bair helped lead the response to the 2008 financial crisis....
...Every single subsidy that built the middle class, whether it's the homestead loans, the farm loans, the New Deal, mortgage, student loans, all of those - not accidentally but explicitly - exempted certain...
...The security loan transactions had involved major Russian brokerages, he noted....
...Keeping up with interest rate rises, paying mortgages and paying off loans are all concerns facing the population....
...security to their tax bills, and clients want more help to avoid costly breaches of trust....
...Its expertise in analysing complex structured bonds had first been established in 1994, when General Electric asked it to value the assets on the balance sheet of Kidder Peabody, the venerable but struggling...
...that originated these mortgages sold them to a CMBS trust, bundling them with other loans and transforming them into tradable debt securities....
...On joining CA Technologies in 2006, Fliegelman Olli took on rebuilding the legal function after an accounting fraud investigation by the US’s Securities and Exchange Commission in 2000 over misstated revenues...
...“By 2006 the standards were almost non-existent. By 2007 if you were breathing you could get a loan.”...
...Ms Titarchuk is especially interested in structured products like commercial mortgage-backed securities, where the uncertainty around regulations and whether or not tenants will be paying rent is creating...
...I don't need to emphasise just how badly the aftermath of 2008 further eroded trust in America's system of government (and other democracies as well)....
...Bronwyn Curtis, chair at JPMorgan Asian Investment Trust: No....
...These would include sliced and diced residential and commercial mortgage loans, aircraft and auto asset-backed securities and any other financial assets that can be lawfully commoditised....
International Edition