Anil is responsible for the structured finance section of IFR, providing coverage for the real-time IFR Markets news service as well as the IFR Magazine. He re-joined Thomson Reuters IFR in May 2011 after spending seven years on Informa Global Markets’ real-time European ABS product. Anil’s initial stint at Thomson Reuters began in 1997 on a two-year graduate trainee scheme, followed by four and a half years at IFR reporting on medium term notes/commercial paper and structured finance.
European ABS volumes registered an increase of around 15% versus the same period last year, but are still deemed underwhelming, considering some analysts had expected a much more significant impact from the ECB’s purchase programme.
Greek mortgage borrowers may be making strategic decisions not to make scheduled mortgage payments‘‘ as the uncertainty of the financial situation of the country persists, a Fitch report indicates.
Regulators should lower capital charges on ABS deals below those applied to whole loan portfolios, according to the ECB’s head of risk strategy.