Finance

Signature Bank of New York is pulling back from crypto deposits and has increased borrowings from the Federal Home Loan Bank of New York.

The middle-market manager's diverse funding sources provide extra dry powder amid industry headwinds, and a head start to 2023 as CLO arbitrage improves.

The subordinate classes receive only scheduled principal payments and are locked out of any unscheduled principal or prepayments for five years.

BlackRock Inc. clients continued to pour money into the firm's long-term investment funds in the fourth quarter, seeking to capitalize on the preceding rout in stock and bond markets.

The transaction is the eleventh broadly syndicated securitization under Kiavi's LHOME shelf program.

The IACPM's credit outlook survey forecasts that no region will be spared over the next 12 months but timing remains elusive.

U.S. inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Fed on track to again slow the pace of interest-rate hikes.

Nobody knows for sure, and that's causing some big regulatory problems.

The largest obligor accounts for about a 1.40% holding of the collateral pool, while the smallest accounts for 0.10%.

The bonds cover relatively remote cyber risk for Beazley, a U.K. insurance and reinsurance company, which is tapping the cat bond market for the first time.

After optimism swelled for weeks that 2023 would finally bring relief for the world's battered bond buyers, borrowers took advantage by issuing more than $150 billion of new debt in just four days.

Tech companies including Microsoft Corp. and Meta Platforms Inc. are expected to hit the bond market in size to buy back stock after last year's rout.

Many of the biggest buyers of leveraged loans are facing pressure to cut back on their purchases as they run out of time to reinvest their money.

AESOP 2023-1 and 2023-2 will remove used vehicle concentration limits and net present value (NPV), and increase original equipment manufacturer (OEM) limits for Tesla.

The sector is not immune to the same economic instability that affects the single-family residential market, the Mortgage Bankers Association said.

Other investors could step into the breach as depositories depart, and the strain on nonconforming borrowers might not be that bad, recent forecasts suggest.

Rates are expected to reach a four-decade high, a positive for lenders poised to benefit from the increased income while consumers face escalating costs.

The receivables in the pool had a weighted average (WA) credit score of 623, an increase from 605 in the Westlake 2022-2.

GM Financial Consumer Automobile will finance loans on new and used automobile loans, and it references two potential pools for securitization.

U.S. stocks fluctuated as jobs data pointed to a resilient labor market, a concern for the Federal Reserve. Treasuries advanced and the dollar pared declines.