Capital Relief Trades
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Data-centre SRT pipeline builds as German lender targets project finance
SRT market update
SRT Market Update 22 September 2026
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Where does SRT capital relief go?
ECB blog finds limited link between synthetic securitisation...
A question is becoming increasingly central to Europe's securitisation reform debate: what do banks actually do with the capital released through significant risk transfer (SRT) trades?
A recent European Central Bank (ECB) blog finds that a 1% increase in synthetic securitisation is associated with just a 0.02% increase in corporate loan growth, compared with a 0.07% increase .......
News Analysis 21 September 2026
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US Basel proposal sets SRT roadmap for smaller banks
Market participants at SCI's American Reg Cap Forum said the...
The revised US Basel III Endgame proposal could provide US banks with greater regulatory clarity around synthetic securitisation and help pave the way for wider SRT adoption among small and mid-sized banks, market participants said at SCI’s Americas Reg Cap Forum.
The original 2023 proposal would have doubled the p-factor, a parameter that acts as a surcharge in securitisation .......
News 21 September 2026
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Job swaps weekly: Barings names head of global CLO issuance
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Barings appointing a head of global CLO issuance and capital markets. Elsewhere, Silver Point Capital has named a former Golub Capital veteran as md, head of credit financing and leverage solutions, while Vistina has hired an md tasked with expanding the firm’s structured finance capabilities.
Ankit Aggarwal has joined Barings as head of global .......
Market Moves 18 September 2026
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US firm targets SRT arranger role
Truist Securities, the investment banking and capital market...
Q. Truist Secs is positioning itself as an SRT arranger. What have you done?
A. As part of our FIG investment banking platform, we have built our banks solutions group to serve as an arranger of SRTs for financial institutions looking to efficiently manage risk and increase credit availability. The new SRT .......
The Structured Credit Interview 17 September 2026
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SCI In Focus: EU Mortgage SRT could surge as 5% floor expands market
A lower securitisation floor could expand mortgage SRT, but...
A 5% securitisation risk-weight floor could make around €800bn of European residential mortgage exposure potentially viable for significant risk transfer, but the reform will only create a meaningful market if banks can also access insurers as a source of long-term protection, according to a new SUERF policy note and market participants.
The paper estimates that around 17.9% .......
News Analysis 17 September 2026
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African multi-originator SRT platform timeline remains fluid
SRT market update
SRT Market Update 16 September 2026
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Collins revisited
New capital rules imply new look to cornerstone of bank policy
News Analysis 14 September 2026
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India's SRT potential hits regulatory wall
India's large credit market has yet to translate into a dome...
India has a sizeable and growing banking market, but it remains largely absent from the global SRT market, with regulatory restrictions preventing domestic banks from using synthetic securitisation to transfer credit risk and obtain capital relief.
That could eventually change as SRT activity expands across Asia and market participants consider how Indian exposures could be incorporated into regional .......
SRT Market Update 14 September 2026
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Job swaps weekly: Arrow Global snaps Apollo ABF veteran, DB hires from Carlyle AlpInvest
People moves and key promotions in structured credit
This week's roundup of securitisation job swaps sees Arrow Global tap an Apollo ABF veteran to lead investments, Deutsche Bank strengthen its GP/LP solutions franchise with a Carlyle AlpInvest senior hire, and a former KKR executive launch a new European asset-based finance platform. Elsewhere, the reshuffle spans structured finance, real estate debt and the legal space on both sides of the .......
Market Moves 11 September 2026
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Synthetic structure opens new route into Agency CRT ahead of US$19bn call wave
SRT market update
SRT Market Update 11 September 2026
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Latest SRTx fixings released
SRT market steadies as credit concerns ease but spreads widen
The latest SRTx fixings for August point to a market that remained resilient as the summer period came to an end, with credit-risk and volatility indicators generally improving. However, spread expectations continued to widen across three of the four categories, while liquidity sentiment remained challenging, particularly in Europe.
The August readings therefore suggest a market that is becoming .......
News Analysis 10 September 2026
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US CLN bank spills the beans
Jalpesh Patel on Ally's growing US auto CLN programme, inves...
Ally Bank, a US$185bn lender based in Charlotte, NC, has become one of the most regular issuers in the US CLN market since its debut in June 2024. Previously GMAC, it has one of the biggest prime auto lending books in the US and has used the the CRT mechanism to defray capital exposure.
Last month, it .......
The Structured Credit Interview 8 September 2026
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SRT fund raises returns expectations as corporate loans dominate strategy
SRT market update
SRT Market Update 8 September 2026
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CRC SRT veteran strikes out on his own
CRC's Martijn van der Molen has moved on from his managing d...
Martijn van der Molen has stepped down from his role as managing director in the portfolio management group at Christofferson Robb & Company (CRC), SCI has learned, and launched a new venture.
Van der Molen has been named founder and managing director of Similan Partners, a self-employed role based in The Hague, which he started in August.
Market Moves 7 September 2026
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Job swaps weekly: Alantra's SRT hire and Millennium's ABF push
People moves and key promotions in structured credit
This week's roundup of securitisation job swaps sees a Deutsche Bank veteran move to Alantra to lead the firm's SRT arranging activities, US hedge fund Millennium expand its ABF capabilities, and a flurry of reshuffling and promotions across the legal and ratings space.
In the legal space, Paul, Weiss, Rifkind, Wharton & Garrison has appointed Mandeep Lotay as head of European structured .......
Market Moves 4 September 2026
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