Confirming months of speculation, RBS Greenwich Capital officially hired Banc One Capital Markets non-mortgage ABS banker David Duzyk, sources confirmed. Duzyk, who will be a managing director at RBS GCM, where he will report to managing director Bob McGuinness, head of structured finance at RBS. Duzyk begins at RBS June 1. This represents fthe first move into consumer ABS products for RBS, which has been a powerhouse in mortgage-related sectors of the ABS market. While no other BOCM bankers have officially been hired, more are expected to follow Duzyk to RBS in the near term.
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The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
7h ago -
Total initial credit enhancement increased to 11.40% for the class D notes, from 11.25%. It also decreased for classes B, C and E, and levels on the class A notes stayed the same.
9h ago -
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





