Barclays Bank PLC made a couple of key appointments to its investment banking division, Barclays Capital, this week. It recruited Bill Archer as managing director and head of its U.S. leveraged credit risk group, and Vincent Breitenbach as managing director and head of credit research for the Americas. Working from New York, Breitenbach will oversee research for U.S. investment grade, high yield and securitization as well as corporate credit research for Latin America. He will report to Mark Howard, managing director and head of research at Barclays Capital. Archer will oversee the leveraged credit risk management team within the investment bank's Global Financial Risk Management department. Previously, Breitenbach was a managing director at Countrywide Financial Corp., where he oversaw fixed income investor and bank relations, rating agency relationship management and internal capital structure advice. He was also a managing director at Lehman Brothers, covering corporate bond research for specialty finance companies, U.S. banks and securities firms. Archer was a managing director and co-chairman of the capital markets committee at Goldman Sachs. He also worked at Deutsche Bank for three years and at Bankers Trust for 18 years before that. Archer, who started today, is based in New York and reports to Ian Prior, a managing director and chief credit officer for the Americas.
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Sens. Ed Markey and Ron Wyden argue that the Small Business Administration neglected to warn small firms of the risks of merchant cash advances and closed off a key "escape route" from the resulting debts.
May 15 -
Standard & Poor's found modeled foreclosure frequency and loss coverage to be in similar ranges as classic FICO but showed concern about potential bias.
May 15 -
The cumulative advance rate on the notes include range from 68.5% and 87.7% on the A1 notes and A2 and A notes, respectively.
May 15 -
Foreclosure filings were reported on 42,430 properties in the United States last month, down 8% from the month prior but up 18% from a year ago.
May 14 -
S&P sets an estimated cumulative net loss of 2.85% for the CRVNA 2026-P2 notes, unchanged from the CRVNA 2026-P1, because the collateral characteristics were unchanged.
May 14 -
House lawmakers modified a ban on big-money investors from purchasing single-family homes, broadening the exemptions for build-to-rent properties and eliminating requirements in a Senate version of the bill that affected investors divest their holdings.
May 14










