Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an ...
NEW YORK, Oct 10 (Reuters) - Collateralized debt obligations, or CDOs, had been the fastest growing class of bonds until the credit crisis hit this summer. Investors wary of CDOs' exposure to risky ...
With higher relative yields, built-in risk protection, and historical outperformance in periods of rising rates, it’s time to get to know CLOs and how they are structured. A collateralized loan ...
Rabobank plans to market its first long/short collateralized debt obligation before the end of the second quarter. The deal is estimated at $500-800 million and will short asset-backed securities, ...
NEW YORK, July 15 (IFR) - The first commercial real estate collateralized debt obligation (CDO) since the onset of the financial crisis was announced on Friday. Sign up here. Deutsche Bank and Wells ...
What Is a Collateralized Loan Obligation (CLO)? A collateralized loan obligation (CLO) is a portfolio of predominantly senior secured loans that is securitized and actively managed. Each CLO issues a ...
The U.S. Department of Justice has announced that Moody’s will pay $864 million to settle charges related to problematic credit ratings on residential mortgage-backed securities (RMBS) and ...
Scott E. Eckas, a partner at McKee Nelson, and Kevin J. Biron, an associate at the firm, write that, not surprisingly, the dramatic downturn in the housing markets and the broader credit markets ...
If hedge fund managers and Wall Street pros wonder why the average person thinks they are greedy and the deck is stacked in their favor, Tuesday’s JPMorgan collateralized debt obligations (CDO) ...
BancWest Corp., the U.S. consumer banking arm of BNP Paribas SA, filed a lawsuit alleging that UBS AG secretly designed a collateralized debt obligation fund to insure against its own subprime ...