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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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
9h ago -
Structured as a master trust deal, AVCCT 2026-1 includes a three-year revolving period, when no principal payments will be made on the series 2026-1—unless an early amortization event happens.
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Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
July 31 -
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30









