The Trump administration gave the first clear sign Thursday that it intends to dismiss Consumer Financial Protection Bureau Director Richard Cordray.

Citibank plans to issue $500 million of two-year notes backed by credit card receivables, according to regulatory filings.

The $1.57 billion Ford Credit Auto Owner Trust 2017-A is lauded by Moody’s Investors Service for its high weighted average FICOs (736) and as a strong follow-up to its last transaction (FCAOT 2016-C) that also featured “slightly stronger” pool characteristics.

A combination of loosened covenants, minimal call protections and aggressive, U.S.-style “dry powder” leveraging strategies have produced the most sponsor-friendly market for European leveraged loans since the financial crisis, according to a new report from U.S.-based Covenant Review.

DBRS, which recently expanded its scope of ratings coverage to include European corporates, has filled a new managing director role over its European structured finance team with the veteran analyst in commercial mortgage structured finance.

Total global funding raised by public companies for solar-sector energy projects fell to $9.1 billion in 2016, a 64% decline from 2015 investment levels, according to a report issued by a key industry consultancy.

A second round of Dutch residential mortgages is being securitized this week with the issuance of Euro-denominated notes backed by €157.73 million in non-conforming home loans underwritten by ELQ Portefeuille I B.V., a specialty lender in The Netherlands.

Discover Bank plans to issue $800 million of five-year notes backed by credit card receivables, according to regulatory filings.

Two Republican senators sent a letter to Vice President-elect Mike Pence calling for the removal of Consumer Financial Protection Bureau Director Richard Cordray

Obvion, a Dutch mortgage lender owned by Rabobank, is kicking off 2017 with its 41st securitization of €1.19 billion in prime residential mortgages to homeowners in The Netherlands.

Aetna Life is marketing its annual offering of catastrophe bonds offloading risk of medical claims.