Abid Gilani, a Wells Fargo senior vice president, was one of the victims in the derailment of an Amtrak train outside of Philadelphia on Tuesday.
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Steven Noreika has been named chief financial officer at Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), replacing Richard Petrocelli.
July 10 -
Moodys is taking its surveillance of federally guaranteed student-loan backed securities up a notch.
July 10 -
Issuance volume of asset-backed securities for the year through July 10, 2015.
July 10 -
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Commercial mortgage-backed securities returned next to nothing in the first half of the year after handing investors a whopping 11.4% in 2014 that beat everything from junk bonds to Treasuries.
July 10
- Europe
CLO managers are receiving a small concession from regulators that will allow them to refinance most of their issues in two years without triggering risk-retention rules.
July 10 -
Freddie Mac has obtained two more reinsurance policies transferring risk of default on mortgages that it insures.
July 9 -
J.P. Morgan and Barclays latest CMBS conduit is office property heavy.
July 9 -
Oportun, a nonbank lender that targets Latino consumers, has completed its fourth securitization and the first one with a credit rating, from Kroll.
July 9 -
Navistar Financial Corp., a wholly owned subsidiary of Navistar, Inc., is planning a $250 million dealer floorplan securitization.
July 9 -
JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.
July 8


