Recent ABS Hires: A CMBS Expert & an Aircraft Pro

May 7, 2015 5:01 PM

2:16

S&P brings on Darrell Wheeler to head global structured finance research while Winston & Strawn hires Bill Bowers.

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Regulation and compliance

CFPB blocks GAO investigators in layoff report

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.

By Kate Berry

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Subprime lending

Subprime autos back GCAR's latest ABS issuance, raising $907 million

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.

By Donna M. Mitchell

February 9
Treasurys

Treasuries fall as China banks asked to limit bond holdings

The request may reinforce a recent global trend that has seen the likes of India and Brazil lower their exposure to the world's biggest bond market amid growing doubts about the appeal of US assets.

By Ruth Carson, Masaki Kondo and Naomi Tajitsu

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