Consumer ABS

Treasury Secretary Tim Geithner on Wednesday said the U.S. would implement proposed international capital rules aimed at helping financial institutions withstand future crises by 2012.

The Federal Deposit Insurance Corp. (FDIC) will officially begin implementing its new resolution authority for systemically important firms on Monday.

Keith Danko has joined hedge fund firm Titan Capital Group as partner, the New York-based alternative manager announced today.

The European Parliament today gave the final seal of approval to a package of reforms that will cause a fundamental shift in the way banks, stock markets and insurance companies are supervised as of 2011.

As reported by Structured Finances News yesterday, the auto sector is once again showing its dominance in terms of ABS new-issue volume with another transaction from Toyota Motor Credit Corp. (TMCC). The deal is called Toyota Auto Receivables 2010-C Owner Trust (TAOT 2010-C).

Standard & Poor's has launched Understanding Ratings, a new information and education resource for investors found on the Web site www.understandingratings.com.

Discover Financial Services highlighted just about everything, but credit cards in its fiscal third-quarter earnings report.

Discover Financial Services is continuing its push to ensure that future profitability is less dependent on plastic with its planned $600 million student loan acquisition.

Landmark legislation in Greece on consumer debt could lower recoveries on mortgages that are already underwater, according to a recent report from Moody’s Investors Service.

As technical director of the Financial Accounting Standards Board (FASB), Russell Golden is the person to whom financial institutions have been addressing their comment letters on a controversial proposal that would expand the use of fair value accounting.