SG Corporate & Investment Banking today announced that it is setting up an Italian derivatives institutional sales platform that brings together its equity and interest rates and credit derivatives capabilities. David Armstrong, previously head of the equity derivatives institutional sales team, will head the newly formed group. The Milan-based, 20-member team will provide Italian financial institutions, such as institutional investors and hedge funds, an array of derivatives products including credit derivatives and credit structured products, interest rate derivatives and interest rate structured products, structured products on equities and indices, structured products on alternative investments, warrants and exchange traded funds, and vanilla options on equities and indices.
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PFAST 2025-1 will have to navigate a market where the underlying consumers are facing increased challenges from tariff-induced higher prices and a loosening labor market.
October 22 -
Moody's details several strengths in the transaction, including a robust underwriting process. The assets also have a short, weighted average (WA) original term of 52 months.
October 22 -
The Department of Justice has filed a motion opposing the Consumer Financial Protection Bureau employee union's appeal of an August D.C. Circuit ruling allowing the administration to fire up to 90% of the agency's workforce.
October 22 -
Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at the American Bankers Association's annual convention.
October 21 -
The NRMLA/Riskspan Reverse Mortgage Market Index set a new high of 502.42, with the dollar amount of home equity for those 62 or over reaching $14.4 trillion.
October 21 -
Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency equipment.
October 21