Securities

The fintech already sells loans on its distributed-ledger-based trading platform but needed the Securities and Exchange Commission's blessing to bundle its mortgage and student loans into securities and sell them to investors.

On Dec. 31, 2021. Dollars in thousands.

On Sep. 30, 2020. Dollars in thousands.

On Jun. 30, 2020. Dollars in thousands.

On Mar. 31, 2020. Dollars in thousands.

Securities laws, in spite of their shortcomings, exist for very good reasons: to regulate the fair exchange of units of ownership, to protect individuals from fraud or exploitation and to identify bad actors and hold them accountable.

An article in The Atlantic warning that collateralized loan obligations will be banks’ next downfall overestimates the risk of these securities.

Many borrowers will suffer unless the program, the central bank's latest response to the coronavirus pandemic, includes consumer loans issued by fintechs.

On Sep. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

Michaela Ludbrook joined Deutsche Bank in 2014 and has risen to lead both its global securities services business and its global transaction bank in the Americas.

The leadership skills of Claudine Gallagher, the head of securities services for the Americas for BNP Paribas, have been tested to an unusual degree over the past 18 months.

M&T Bank, Zions and Comerica are among the regional banks facing the most pressure on net interest margins, Wells Fargo analysts said in a research note to investors.

The broker and the companies he operated allegedly induced veterans to hand over their federal benefits in violation of the law.

On Mar. 31, 2019. Dollars in thousands.

The banking industry isn't prepared to transition away from a key financial benchmark in 2021, and steps need to be taken now to avoid market disruptions.

The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.

It's tempting to reach for higher returns on securities in anticipation of tightening margins. However, that strategy has pitfalls, including underestimating risks or being caught flat-footed by future rate moves.