As part of a settlement with the Securities and Exchange Commission and the New York and Massachusetts Attorneys Generals offices, the ratings agency is also paying $77 million in fines.
LCM Partners Limited (LCM) has hired Ilaria Vignozzi and Nadya Aleshina, formerly directors from S&P to join its consulting team.
A veteran of Fortress Investment Group, he will be portfolio manager and head of the securitized team for Morgan Stanley Investment Managements global fixed income platform.
He reports to Geoff Coley, international business head at Mitsubishi UFJ Securities Holdings , and David King, CEO of Mitsubishi UFJ Securities International.
John Olert, formerly the chief credit officer at Fitch Ratings, has been named to the newly created position of chief risk officer for parent company Fitch Group.
Collateralized loan obligation manager CVC Credit Partners has added four new professionals in the U.S. and Europe.
DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser
The Structured Finance Industry Groups first executive director hails from an issuer.
But the folks at 3i DM, the debt management arm of private equity firm 3i Group, believe institutional players, including CLOs, will one day provide the bulk of the financing for European subinvestment-grade companies.
Vice President of Regulatory Compliance
Firm: Clayton Holdings
In the news: How Ability-to-Repay Rules Could Reshape RMBS Market
The $300 billion of CMBS maturing over the next three years will test the recovery of the capital markets.Current Issue