Wachovia reports $6.1 billion in writedowns with $565 million market losses tied to CDOs
Wachovia has $238 million in subprime residential ABS CDOs.
CLOs
- Reset craze continues with hefty 2018 vintage deal from UBS 3 hours ago
- Palmer Square hits the mark with new US CLO 4 hours ago
- Napier Park refinances a reissue 4 hours ago
- Barings prices first European new issue CLO this year 19 hours ago
- European CLOs are sticking with Altice, research finds 19 hours ago