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Showing 11 - 20 of 105 results for "RMB"

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
"Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
The US Securities and Exchange Commission (SEC) has issued a call for input from investors and market participants on the asset-level disclosure requirements for residential mortgage-backed securities (RMBS). SEC chairman Jay Clayton explained that ...

Nomura ordered to pay back US $25m

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
The giant's securities business has been ordered to pay back US $25 million to clients misled by its bond traders, in an enforcement action by the US corporate regulator. Many of Nomura's bond traders made false and misleading statements to customers ...

La Trobe Financial prices $750m RMBS issue

DARREN SNYDER  |  FRIDAY, 16 NOV 2018
Credit specialist La Trobe Financial has priced its seventh issue of Residential Mortgage Backed Securities at $750 million. The issue welcomes six new investors to the RMBS program, including from Australia and overseas. La Trobe Financial chief corporate ...

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
Issuance of residential mortgage-backed securities hit record levels in Australia last year, led by non-bank lenders. And even though the residential mortgage-backed security pool is ripe for picking by fixed income and debt managers, challenges surround ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
A Perpetual non-executive director and the chair of its listed investment company has joined the board of ING Australia. Nancy Fox has served as a non-executive director at Perpetual since September 2015. She was appointed chair of Perpetual's first ...

Trustee firm lists $2bn in RMBS debt securities

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
Perpetual Trustee Company has listed three new debt securities on the ASX, which together are offering about $2 billion of RMBS debt securities to wholesale investors. Last month, Perpetual said Aussie investor's appetite for RMBS is strong, and more ...

Acadian talks big data 2.0, launches A-shares strategy

DARREN SNYDER  |  THURSDAY, 8 MAR 2018
... China A-shares have historically been reserved for domestic investors but are now being granted foreign access through the RMB Qualified Foreign Institutional Investor (RQFII) program for qualified institutional investors, and more recently through the ...