Array

News

Trump Picks Industry Vets as 'Landing Teams' for CFPB, Regulators

The transition team for President-elect Donald Trump announced a series of names this week for people who will help facilitate an orderly transfer of power at the federal financial regulators.

Laplanche Seeks Second Act in Online Lending

The Lending Club founder is listed as president of Credify Finance on a Nevada corporate filing. A separate Delaware filing states that the firm was established on May 31, barely three weeks after he Laplanche stepped down amid a scandal at his former firm.

Prosper Marketplace CEO Aaron Vermut Resigns: Report

Vermut stepped down last week but will remain a director at the San Francisco-based online lender, according to the report, which cites unnamed sources. David Kimball, Prosper’s chief financial officer since March, has been promoted to CEO, the report said.

ZAIS Group Makes Senior London Office Hires

Structured credit firm ZAIS Group has hired two new executives to spearhead its collateralized loans obligation and other asset-backed businesses out of London.

KeyBanc Lifts Out 5-Person ABS Team from BB&T

KeyBanc Capital Markets, the investment banking arm of Cleveland-based KeyCorp, has expanded its fixed income platform with the addition of a five-person asset-backed team from BB&T Capital Markets.

More

ASR People Database

Exclusive data on top players in capital markets

John Frishkopf

Treasurer, Head of Asset Management

Firm: NewStar Financial

Search the People Database

Current Issue

What’s So Unusual about Sprint’s Airwaves Securitization … and Why No One Else is Likely to Follow Suit

The wireless carrier, though only rated single-B, has more leeway from existing investors to enter into a transaction like this than even some investment-grade companies, according to Covenant Review.

Current Issue