Displaying 14 results
MassMutual and iCapital unveil expanded alts platform
The firms have teamed up to build a centralized tech platform for advisors to access alternatives, structured notes, and annuities.
Advisers feeling more secure about unsecured notes
With puny interest rates, structured notes gaining in popularity
Principal-protected notes don’t always protect principal, regulators warn
Both the SEC and Finra have issued an alert about popular structured notes that claim to protect investors' principal. The problem? The notes don't always protect investors' principal.
Legg jettisons $1.7B in SIV holdings
Baltimore-based Legg Mason now has overall exposure to SIVs amounting to $1.4 billion.
Citigroup to buy up $17.4 billion in SIVs
Citigroup Inc. has agreed to acquire the remaining $17.4 billion in structured investment vehicle assets it advises as a way to complete the wind-down of these troubled products, which have become a victim of the global credit crunch.
SIV still struggling after Goldman bailout
The $7 billion SIV Portfolio was formerly managed by Cheyne Capital Management.
Goldman Sachs rescues $7B Cheyne SIV
Last summer, the SIV — now known as SIV Portfolio PLC — faced massive losses as the commercial paper market failed.
Legg Mason gets Citibank infusion
Legg Mason has obtained a letter of credit from Citibank to support a $150 million SIV holding in one of its funds.
FASB looks under hood of financial vehicles
The Financial Accounting Standards Board will examine how banks treat off-balance-sheet vehicles.
Northern Trust to prop up SIV-exposed funds
The firm will float as much as $229 million to money market funds it advises that are exposed to structured investment vehicles.
MBIA replaces CEO
Leadership change reflects problems at the company due to subprime mortgages.
AIG Financial keeps Nightingale singing
American International Group will bail out its Nightingale Finance structured investment vehicle.
Structured investment vehicles tank in 2007
The value of SIVs dropped nearly 50% by the close of 2007, a Moody’s report revealed.
Citi to the rescue of at-risk SIVs
Citigroup will bail out the seven structured investment vehicles it advises, providing the SIVs with a support facility.
