StormHarbour made four new senior appointments in its Hong Kong and Singapore offices. Aaron Tan has joined as senior advisor. Tan, who reports directly to Principal and Asia-Pacific Chief Executive Officer Water Cheung, was previously a managing director and head of Hong Kong coverage, investment banking and debt capital markets at Barclays Capital. Together with other client-focused areas, Tan will be advising on and originating real estate transactions. In Singapore, Jean-Christophe Levens, Marc-Antoine Thiriez and Hugo Virag-Lappas, all former founding partners of infrastructure advisory firm called Partners in Infrastructure, have joined as managing directors, focusing on building out StormHarbour’s Asia-Pacific infrastructure finance business. All three hires report directly to Vincent Moge, principal and head of the Singapore office and Asia-Pacific sales.
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Agency activity dropped off by 4% in September while non-qualified mortgage issuance was down 18% in the third quarter versus the prior period, BTIG said.
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The deal will sell the notes through five tranches of class A, B, C, D and E notes. Classes A and B have legal final maturity dates of Nov. 15, 2030 and July 15, 2032, respectively.
October 2 -
The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.
October 2 -
The company provides specialty ingredients and research and manufacturing services to several markets including biotechnology and pharmaceutical.
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Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
October 1 -
Mutual of Omaha Mortgage originated a pool with mostly adjustable rate mortgages, which account for 66.25% of the pool's aggregate unpaid principal balance.
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