Volkswagen Financial Services U.K. is pooling £750 million of U.K. auto loans to back sterling denominated bonds issued from its UK Driver trust.
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A top Treasury Department official expressed concern Thursday that small-business owners don't have adequate protections when borrowing from online lenders.
October 30 -
Barclays and Discover Bank are adding credit card deals to the mix of consumer debt securitization this week, according to Fitch Ratings.
October 29 -
Two auto loan securitizations from AmeriCredit Financial Services and Bank of the West launched today.
October 29 -
Porsche Financial Services has increased exposure to some of its most expensive nameplates in its latest lease securitization.
October 29 -
Santander Consumer USA Holdings plans to exit personal lending and focus primarily on its auto-finance business.
October 29
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A federal judge has ordered Corinthian Colleges to pay more than $531 million on charges brought by the Consumer Financial Protection Bureau that the for-profit college used illegal tactics to collect on student loan debt.
October 28 -
Walgreens Boots Alliance and Rite Aid, the two most widely held tenants in CMBS deals, plan to merge.
October 28 -
Valeant Pharmaceuticals, which has come under pressure for both its accounting and business practices, is the single largest holding in U.S. collateralized loan obligations, according to Deutsche Bank.
October 28 -
The Department of Education on Tuesday finalized a set of rules that will restrict certain banking practices for federal student loan servicers.
October 28 -
Skopos, an indirect lender, is readying its first term securitization of subprime auto loans with a credit rating.
October 27 -
TSB Bank, which is owned by Banco Sabadell, plans to offer a mix of euro and sterling denominated bonds under its newly minted U.K. master trust called Duncan Funding.
October 27

