11.29.10
Former Deutsche Bank Asia Securitization Head Greg Park Plans Credit Fund
Gregory Park , former Asia head of securitized products at Deutsche Bank AG , the largest German bank, plans to start a fund to finance the region’s high-growth consumer finance and consumer-related companies.
Read more on Bloomberg
11.28.10
Europe acts quick on Ireland, but experts warn more to come
(BRUSSELS ) – Europe may have acted quickly to save Ireland after dithering over Greece, but experts warned Monday of systemic risks to Portugal and others, underlining urgent calls to fix permanent rescue plans.
Read more on Eu Business
11.27.10
NNN Leases Help Secure Portfolio Financing
LOS ANGELES-A locally based investor has acquired a portfolio of five NNN-leased Goodyear and Just Tire stores in the Southeast despite a lack of operating history at two of the newly built locations and other challenges, according to Century City-based Verona Capital Markets, which arranged the $7.6 million acquisition loan for the portfolio.
Read more on GlobeSt.com
11.26.10
Malta—2010 Article IV Consultation Concluding Statement of the IMF Mission
Malta weathered the global recession relatively well. Output fell less than the euro area average and unemployment rose only modestly, also reflecting government support. At the same time, the fiscal deficit remained relatively contained.
Read more on IMF
11.25.10
Flawed paperwork morass could hurt banks, housing market, a report says
If bankers wanted to put the controversy over flawed foreclosure paperwork behind them, events last week dashed those hopes.More than a month after allegations of flawed affidavits led some major lenders to temporarily halt foreclosures, the issue returned to the forefront. Bankers called to testify before two congressional panels assured lawmakers they were ironing out the problems and trying …
Read more on Dayton Daily News
11.24.10
CFTC Proposes a 15-Minute Delay for Reporting Prices of Swap Block Trades
The U.S. Commodity Futures Trading Commission proposed a 15-minute delay for reporting prices of block trades of standardized swaps available on exchanges or so- called swap execution facilities.
Read more on Bloomberg
11.23.10
Fitch Downgrades 4 and Affirms 9 Classes of G-Force CDO 2006-1 Ltd./Corp.
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded four and affirmed nine classes of G-Force CDO 2006-1 Ltd./Corp. (G-Force 2006-1). The actions are a result of continued negative credit migration within the portfolio. A complete list of rating actions follows at the end of this release. Since Fitch’s last rating action in January 2009, approximately 44.2% of the portfolio has been …
Read more on Business Wire