General motors acceptance corporation (gmac)
Imprudencies of scale
Tranche holders likely to avoid large losses, but legal action threatens servicers
The US Treasury continued to reduce its support for the financial sector over the New Year, shutting down its Capital Purchase Program (CPP) and a loss-sharing agreement on $300 billion of Citigroup assets,...
More General motors acceptance corporation (gmac) articles
The Financial Services Authority (FSA) says its £2.8 million fine on GMAC-RFC for unfairly treating customers over mortgage arrears and repossessions is the first of several cases being investigated,...
The motor industry, fixed-line communications and financial services were all heavily traded in the credit default swaps (CDS) market in November, according to New York-based interdealer broker GFI.
BNP Paribas has made seven appointments to its interest rate group in New York, headed by Zbigneiw Ryzak.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.