Record volume in leveraged buy-outs (LBOs) have driven a buoyant market in European Collateralized Debt Obligation (CDOs) of leveraged loans in the third quarter of 2003, according to a report by Standard & Poor’s. Transaction flow remains strong, with four CLOs closing. ‘The increase in CLO transactions, the steady volume of leveraged loan issuance over the past 12 months, and their increased availability in the secondary market have seen a 75% increase in leveraged loan assets managed in CLOs,’ said Mike Nicholson, credit analyst at Standard & Poor’s Structured Finance Ratings group in London. ‘The CLO pipeline remains robust, with at least 11 transactions scheduled to close in the next two quarters.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more