The BlackRock and Morgan Stanley Anthracite Euro CRE CDO 2006-1 was hit today with downgrades on about €141 million in notes from Moody’s Investors Service.
ING Belgium has closed a €4.7 billion ($6.19 billion) collateralized loan obligation, Belgian Lion SME I, a cash flow deal backed by loans made to small- and medium-sized enterprises.
Jean-Claude Trichet, president of the European Central Bank, has come to the defense of the Basel Committee on Bank Supervision, which critics say has been watering down its originally proposed capital requirements for financial institutions.
Gunvor International, a Netherlands-based energy trading company, has teamed up with Rabobank International to form a structured finance facility for the energy sector.
Anglo Irish Bank expects the European Union to wait until September to give approval of a plan to split the Irish lender into a good bank and bad bank, according to Mike Aynsley,
Barclays says it may opt to leave the U.K. in the face of a government commission that may recommend the break-up of big banks.
The U.K.’s Financial Services Authority has launched an investigation into the sale of American International Group bonds by Coutts & Co., the private bank.
Agency bond traders are still grappling with concerns over a potential government-sponsored mortgage refinancing wave, according to market officials.
Bank of America today priced a $753 million asset-backed securitization deal for CNH Capital, with strong demand for the Class B single A tranche, officials familiar with the deal said.
John Dugan, the U.S. Comptroller of the Currency, says capital requirements proposed by the Basel Committee on Banking Supervision may result in less trading and more lending activity by global banks.
--Jan Westra, funding risk manager at Obvion Hypotheken, on his expectation that the firm's new E909 million RMBS deal will launch and price easily.