Consumer ABS

Alcentra, an asset manager overseeing $18 billion in leveraged loans and high yield bonds, takes over running the €300 million ($368 million) Silver Birch CLO I BV from WestLB Thursday, according to a report from Bloomberg.

Knight Capital Group launched sales, trading and research services for fixed-income investment advisers with a group brought over from Morgan Stanley, the firm said Wednesday. The financial services firm has been expanding its various fixed-income groups recently.

Ladder Capital Finance Holdings, a New York-based commercial real estate specialty finance company, has appointed Thomas Harney as head of Merchant Banking & Capital Markets to lead Ladder Capital's newly-created Capital Markets/M&A Group.

The long-running saga of the tariff deficit in Spain and attempts to securitize it took another twist in the form of a government guarantee.

Standard & Poor's has announced the categories of debt instruments which ratings will have a structured finance identifier.

BlackBox Logic revealed contracts with several new clients who will use the firm's loan-level data aggregation service called BBx Data(TM), for their RMBS research and forecasting needs.

BNY Mellon has green-lighted a new initiative to ease confusion related to futures and derivatives trades for the global asset manager and securities services firm’s institutional client base.

Independent broker-dealer Braver Stern Securities hired investment strategist Scott Buchta as a managing director and the head of investment strategy.

A major decline in the Master Settlement Agreement (MSA) payment amount this year is placing downgrade pressure on some U.S. tobacco settlement ABS bonds, according to Fitch Ratings.

The big three credit rating agencies have long made the disclaimer that investors should not use ratings as a substitute for independent judgment. Now regulators want banks to prove they aren't doing that.