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Glen Fest

Recent Stories from This Author

The Big Change Meant to Speed Up Leveraged-Loan Trades
March 29, 2016 Buyers of certain syndicated corporate loans have had an incentive to drag their feet closing trades; they will soon pay a...

Can Blockchain Tech Really Unclog the Capital Markets?
February 24, 2016 Well, something has to. For proponents of modernization and greater efficiency in the syndicated loan, bond, swaps, and...

Limits of 'Skin in Game' Rule Tested in Court Showdown
February 10, 2016 Should companies that manage collateralized loan obligations but don't originate the loans be subject to Dodd-Frank's...

Banks' Warehouse Loans Play Big Role in CLO Resurgence
August 11, 2014 Warehouse financing is back, and it's one of the drivers of the resurgence in collateralized loan obligations. Banks are more...

Court Rulings Could Rattle Resale Provisions
June 16, 2014 A federal district court in Washington upheld another ruling disallowing three hedge funds controlling portions of a defaulted...

Credit Bidding Under Attack Again
May 29, 2014 Legal experts are becoming increasingly concerned that federal judges are questioning the right of a lender of secondary...

P2P Lending: 2B or Not 2B?
February 24, 2014 Though still a microscopic part of the estimated $11 trillion consumer lending market, peer-to-peer lending is going to matter...

Lender Blacklists Gain Traction in Leveraged-Loan Deals
February 19, 2014 Companies want to avoid borrowing from inflexible hedge funds and banks that conduct business with competitors.

Give Borrowers A Payoff Nudge
January 2, 2014 Revolving loan balances fell for a fourth straight month in September. Delinquencies shrunk last year. Personal bankruptcies...

Is Your Second-Lien Position Really Second?
November 26, 2013 It's a hot year for second-lien loans, which are already at $28 billion. But they may be "second" in name only for claims in...

Lifetime Achievement Honoree: BOK's Stanley Lybarger
November 20, 2013 From his participation in economic development plans to personally recruiting construction funds and sponsorships for the BOK...

Trading of Leveraged Loans in Secondary Markets Nears Record
November 18, 2013 The surge in collateralized loan obligations, rising interest rates and other factors drove trading in leveraged loans to $391...

A Refi Wave That's Alive and Well: Syndicated Loan Amendments
November 8, 2013 As traditional loan refinancing slows, corporate borrowers around the world are flexing their muscles to reduce pricing on...

Portfolio Managers More Pessimistic About Credit Markets
October 28, 2013 Corporate default rates and other conditions in U.S. credit markets can only worsen in the current interest rate environment,...

Treasurer's Trove: The Corporate Portal of the Future
October 27, 2013 Customized pages, more integrated content, transaction analytics. Banks are motivated to making corporate portals more useful...

Chicago CDFI Veteran Calvin Holmes: Q&A
October 27, 2013 A longtime Chicago CDFI executive looks ahead to influencing job creation through a new advisory post as Treasury.

Game On for BBVA Compass
August 26, 2013 BBVA Compass' prominent NBA sponsorship, game-changing core platform upgrade and high-tech new headquarters tower-deep within...

Oh, REO! A Real Estate Rebound Story
July 29, 2013 The hangover from real-estate owned properties on bank balance sheets was expected to last quite a while. But the problem has...

Semantics: The Next Big Issue in Big Data
April 29, 2013 State Street's David Saul argues big data is better when it's smart data.

TrueEX Takes Early Lead in Building Rate Swaps Exchange
April 1, 2013 Creditex founder, Sunil Hirani, is heading first CFTC-approved exchange for interest rate derivatives.

'There Is No One Blockchain to Rule Them All'
Don Tapscott and Alex Tapscott, authors of "Blockchain Revolution," discuss the implications for banks of distributed ledger technology, the pros and cons of private blockchains compared to open networks, how DAOs might eliminate moral hazard, and more.
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