Consumer ABS

Fitch Solutions' CDS liquidity scores will now offer CDS liquidity measures at the contract level in addition to the existing entity level scores launched last year.

Dechert has named James Waddington a partner in the firm’s London office.

GE Capital appointed Ryan Zanin as its new chief risk officer, the firm announced Wednesday. Zanin takes the place of Jim Colica, who is retiring after serving GE Capital for 27 years.

Moody's Investors Service assigned ratings to the cash securitization of auto loans issued by Spanish bank Santander.

CIT Group announced a package of refinancings and asset sales on Thursday, a step that CEO John Thain billed as a sign of its more stable footing.

While passing a bill that would create a consumer protection agency has proved challenging enough, that task may pale in comparison to actually setting up the new regulator.

Sen. Maria Cantwell announced late Thursday that she intends to support regulatory reform, giving a boost to the bill's prospects in the Senate, which plans to take up the legislation later this month when Congress returns from a Fourth of July recess.

For 1H10, public ABS issuance reached $26.41 billion, according to the updated numbers from the ASR Scorecards database. This figure dropped from $50.7 billion for 1H09.

The ASR Scorecards database has ranked law firms based on the securitized deals they served as legal advisors on in the first half of 2010.

The payments that cigarette manufacturers make to the states are dwindling as people smoke less, posing the latest setback to tobacco bonds — a sector that’s enjoyed little good news since the financial crisis.