-
|
Deutsche Bank mezz fund of limited benefit -- Moody's
8 February, 2010Deutsche Bank’s plan to provide EUR300 million to seed a mezzanine capital fund that will make equity-like contributions to German SMEs (ex- finance and real estate) is likely to have a limited positive impact, Moody’s said in its latest Weekly Credit Outlook.
-
Card charge-offs to peak in H2 -- BarCap
8 February, 2010
Barclays Capital research expects European credit card charge-offs to deteriorate further in the coming months before peaking towards the second part of the year, based on the more benign unemployment outlook in the UK.
-
Stability at last?
1 February, 2010
|
The UK credit card space has been deteriorating almost continually since before the onset of the credit crisis in 2007. But clear, albeit tentative, signs are now emerging that the sector may be stabilising and paving the way for a possible recovery.
Top Stories
|
True recoveryParticipants in the European securitisation market are positive about the prospects for 2010, thanks to the strong close to 2009 in the primary market. While forecasts for primary issuance levels range from €20bn to €150bn, most players agree that €50bn seems a realistic target to aim for. Simple, plain vanilla structures are likely to be the order of the day in 2010. Expect to see low leverage, high quality collateral pools, low counterparty risk, simple structures, high quality originators and servicers and low extension risk.read more |
Guest Opinion
|
