Latham & Watkins has hired structured finance lawyer Jeremiah Wagner as partner in its finance department in London. Wagner joins from Cadwalader, where he was partner. He worked at Cadwalader since 2013, according to his LinkedIn profile.
A decline in UK car sales is credit negative for UK auto ABS, Moody’s said on Monday, and will result in lower recoveries on loans and more voluntary terminations of loan contracts.
Clydesdale Bank sold the year’s first European consumer securitisation on Thursday despite lacking a key regulatory label and a Sonia benchmark, but the RMBS did offer the right maturity to attract heavyweight sterling and dollar demand.