Chris Corcino has moved over to GE Capital, where he is a senior vice president in the global syndications & emerging markets group. Prior to GE Capital, Corcino worked on Latin American ABS at Deutsche Bank. He also had a stint at Standard Bank that began when the South African bank was looking to beef up its LatAm effort in 2006. He left the following year, around the time Standard appeared to be pulling back from Latin America.
More From Asset Securitization Report
Santander aims to shed about €40 billion of credit risk in 2026
SRTs are expected to get a boost as policymakers look for ways to revive Europe's €1.2 trillion securitization market and increase financing for housing, energy and defense.
Nontraditional loan activity to spread in capital markets
Lenders will need to lean on alternative products as limited mortgage rate relief keeps some consumers on the sidelines, but others will tire of waiting and act.
Hedge-fund veterans do rare SRT deal in emerging-market risk
The transaction will free up as much as $500 million for loans in Latin America and the Caribbean to help alleviate poverty and protect the environment.
Why a serial acquirer in Texas agreed to get acquired
SouthState Corp. plans to purchase Independent Bank Group in a $2 billion deal, marking an end to the latter bank's long run of buying companies. Chairman and CEO David Brooks pointed to a challenging interest rate environment and heightened regulatory scrutiny as reasons he decided to sell.
Gerald Corrigan, who gained fame as a troubleshooter for the Fed, dies
Corrigan thrived on crisis situations, a colleague said. He received plenty of practice in 25 years at the Fed and another two decades at Goldman Sachs.
