Financial News reports that Rhinebridge will auction off its assets this month, as part of a restructuring arranged by Goldman Sachs. The sale of assets from the IKB-sponsored SIV follows the similar auction by the former Cheyne Finance this week.
News
Dutch asset manager moves into structured credit risk-sharing
Axa loan vehicle GAV falls on ABS decline
Investors will take appeal against ABCP deal to Canadian high court, says Canadian Press
Investors vote to remove SIV manager
ICICI Bank sells credit derivatives portfolio, reports Press Trust of India
Top stories [more...]
People
Duff Capital Advisors announces credit hires
Job opportunity at Moody's
Bank hires structured credit sales head
Job opportunity at Moody's
Lawyer switches to credit portfolio management role, reports the Lawyer
Who’s on the move [more...]
Markets
Sallie Mae still at worse levels than other GSEs
Lehman leads pack of widening financials
European indices widen in sympathy with equities' slide
European finacials outperform US as spreads jump wider, says CDR
GSEs take a pounding as sub debt holders worry about takeover
Trading commentary and analysis [more...]
Deals
Manager replaced on CDO of ABS
Moody’s takes axe to trups CDOs
Market value CLO liquidation leaves junior investors with nothing
Manager resigns from CDO of ABS
Trup CDOs take a pounding in the secondary market
New deals and the pipeline [more...]

Newsletter

August 2008
News: TD battles for UK survival after blunder; JP Morgan pulls plug on deal for Prytania CDO model; XLCA dissolves CDO team
People: UBS strengthens European flow business; Deutsche Bank shuffles trading
Analysis: Bond funds go hunting for value; The French Revolution
Profiles: Novatar
Comment: Fishknife; Wolseley

The online version of our printed newsletter, available exclusively to Creditflux subscribers [more...]