Merrill Lynch has hired Steve D'Agostino as a director in its CDO group from Credit Suisse First Boston. D'Agostino reports to group head and former boss Christopher Ricciardi, who joined Merrill from CSFB earlier this year. D'Agostino was head of the CDO analytics technology at CSFB and will reportedly assume a similar role at Merrill. Ralph Nacey and Cecilia Pan have also recently joined Ricciardi's CDO group at Merrill, both coming in as associates.
-
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
The highly diversified pool mix consists of 29 different aviation asset types, with a third being new and emerging technology aircraft, and 45.7% are current technology aircraft.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The deal will not make any principal payments during the revolving period unless it needs the cashflow to maintain the required overcollateralization amount.
February 5 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The financial technology firm says the hires reflect its continued investment in a solid growth, as it develops its finance offerings, and engages with industry leaders and regulators.
February 5





