Commercial banking

BlackRock will join an increasingly crowded field. Private equity and credit managers have been angling to buy dislocated assets from banks.

Larry Bradley is the global head of audit at KPMG.

Compared with other tax lien transactions, PVOne 2023-1 has a much smaller initial redemption value, and has one of the lowest numbers of liens, at 9,681. Its weighted average loan-to-value (LTV) ratio is 8.8%.

Kevin Sweeney is a former federal tax prosecutor. He is currently a shareholder in the Philadelphia Office of Chamberlain Hrdlicka, where he focuses on IRS audits, civil and criminal tax litigation, white-collar criminal defense, and corporate investigations. He may be reached at ksweeney@chamberlainlaw.com.

John Kirbo is a senior counsel in Chamberlain Hrdlicka's tax controversy practice in Atlanta. He has a background in business transactions, as well as both civil litigation and criminal defense, primarily in federal district court. He is skilled at solving complex problems for clients through litigation or other more creative means. He may be reached at john.kirbo@chamberlainlaw.com.

Tom Cullinan is a shareholder in Chamberlain Hrdlicka's Atlanta office. He works in the firm's tax controversy group, focusing on tax, tax controversy and litigation. Before joining the firm, he worked at the IRS, serving as the counselor to the IRS commissioner and then as the acting IRS chief of staff. As relevant here, while at IRS he co-led the creation of the Office of Promoter Investigation. He may be reached at tom.cullinan@chamberlainlaw.com.

Scores between 601-650 account for 72.02% of the FICO distribution on FCRT 2023-1, compared with 46.65% on the FCRT 2023-1, according to KBRA.

Aaron Parker joined the MJ Insurance team in 2017 as a client executive in the Risk Management + Commercial Insurance department and has since been promoted to Vice President, Client Experience. A native of the industry, Aaron brings over a decade of extensive experience in enterprise risk management, claims, loss control and safety programs. Prior to joining MJ, Aaron worked as the senior insurance and risk manager for the State of Texas Office of Risk Management where he was responsible for leading the Insurance Services department and served as a consultant to more than 100 State of Texas government agencies and institutions of higher education.

At MJ, Aaron is responsible for the stewardship and strategic development of the MJ value proposition and delivering on all aspects influencing the overall client experience. Aaron acts as the internal conduit between the analytics, risk services, risk transfer and client advocacy teams to ensure seamless execution of client strategy while delivering exceptional customer service to clients.

The U.S. division of the Swiss bank will have to pick up the tab for its one-time rival, which it acquired in a government-brokered deal earlier this year.

With 24 sponsors, the collateral pool comprises mostly full-term interest-only loans, 97.4%. Otherwise, amortizing balloons make up the next highest percentage of loans, at 2.6%.

Allison Wolf is DesignOps lead with Lumin Digital. During the past 22 plus years, Allison's DesignOps mindset has allowed her to define and lead multidisciplinary design projects, champion ADA compliance and build design systems at various companies while helping scale design teams by establishing E2E processes, product launch practices and crossfunctional team collaborations.

Neale Mahoney is a professor of economics at Stanford University and a George P. Shultz fellow at the Stanford Institute for Economic Policy Research. An expert on consumer financial markets, Mahoney served on the White House National Economic Council in 2022-2023.

Analysts look at whether the FOMC will bring the last rate hike in the cycle, whether recession is coming, and whether the Fed is making a policy mistake.

In a "Nirvana scenario" market experience all the gain (an end to nasty price increases for consumers) without much pain (a spike in unemployment or a major hit to the stock market).

Kevin Wilzbach is the director of technology product management at Wolters Kluwer

Michael Sprachman is director of exchange traded solutions for Devexperts, a leading developer of financial solutions for brokers and financial institutions servicing equities, options, mutual funds, fixed income and futures.

Prior to joining Devexperts, he was a product manager for Fidessa's sell-side U.S. trading platform and began his career as an equity trader.