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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Classes A through SB will receive principal until the balance is reduced to its intended level, then tranches A1, A4, A5 and A-SB certificates will receive principal payments sequentially.
8h ago -
Republican Sen. Josh Hawley repeated his long-standing criticism of Fair Isaac Corp. in a letter noting the detrimental impact of its prices on home buyers.
March 24 -
Most of the loans, 57.34%, are for cashout purposes and the entire loan pool are first-liens, and are of modest leverage, with an original cumulative loan-to-value (LTV) ratio of 69.74%.
March 24 -
The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
March 23 -
The A1A and A1B tranches, rated 'AAA' from S&P and Kroll Bond Rating Agency, are expected to pay coupons of 5.31%.
March 23 -
United Wholesale Mortgage is offering revised terms. The mortgage real-estate investment trust that owns RoundPoint also received a third offer it's considering.
March 23








