Auto ABS the star performer in 2025
Robust Performance of Auto ABS in Australia’s Securitisation Market With a record-breaking year for securitisation volumes in Australia, it’s the asset-backed securitisation (ABS) issuers who are leading the charge. Approximately A$18 billion has been issued to date this year, and a significant portion of that, around $14 billion, can be attributed to auto ABS, as […]
Calif. bank’s bond sale means short-term hit but 2026 boost
Bank of Marin’s Strategic Bond Sale to Boost Future Profitability The Bank of Marin Bancorp, based in Novato, California, has recently disclosed a significant securities sale that is expected to result in a short-term fourth-quarter loss but is predicted to considerably enhance the bank’s profitability in the long run. The sale involved $595 million in […]
SEC enforcement actions plummet under Atkins
SEC Enforcement Actions Plummet Under Atkins When Paul Atkins returned to the SEC this year to serve as its chair, he called for a “new day” — one, he said, in which “policymaking will be done through notice and comment rulemaking, not through regulation by enforcement.” If the watchdog agency’s first-year enforcement figures are any […]
Fulton Financial to buy NJ’s Blue Foundry in $243M deal
Fulton Financial Corp. Expands into Northern New Jersey Fulton Financial Corp. has announced its acquisition of Blue Foundry Bancorp in an all-stock transaction valued at $243 million. The deal, expected to close in the second quarter of 2026, marks a strategic move for the Lancaster, Pennsylvania-based Fulton Financial into the northern New Jersey market. Strategic […]
Bendigo in an AML stew
Bendigo and Adelaide Bank’s Struggles with Anti-Money Laundering and Counter-Terrorism Financing Risks Yesterday, the Bendigo and Adelaide Bank made headlines by revealing its ongoing struggles with the identification, mitigation, and management of money laundering and terrorism financing (ML/TF) risks. This disclosure, which surprised many in the market, pointed to concerning deficiencies in the bank’s approach […]