Subprime lenders become prime targets

Quinn, Matthew
February 2007
Crain's New York Business;2/26/2007, Vol. 23 Issue 9, p26
The article focuses on the growing number of financial institutions involved with subprime lenders. More and more mortgage companies are giving loans to risky borrowers. Several investment banks, including Barclays Bank PLC, Merrill Lynch & Co. Inc. and Morgan Stanley & Co. Inc., have made deals to acquire subprime lenders, whose industry has slumped badly because of a spike in loan defaults.


Related Articles

  • Merrill's Latest Charge. Hahn, Avital Louria // Investment Dealers' Digest;11/22/2004, Vol. 70 Issue 45, p22 

    Reports on investment bank, Merrill Lynch & Co.'s venture into the middle-market lending. Risks involvd in middle-market lending; Factors that attract Merrill to venture into middle-market lending; Market share of Merrill, according to Loan Pricing Corp.

  • Letters. Feiger, Paul R.; Purdy, James L.; Merritt, Shane // On Wall Street;May2005, Vol. 15 Issue 5, p10 

    Presents letters to the editor in response to articles and topics published in previous issues. Decision of Merrill Lynch and Morgan Stanley to stop serving small accounts; Analysis on the cost which brokers must consider in going independent.

  • New Entrants, Products to Drive SMA Growth. Papini, Jessica // Money Management Executive;8/21/2006, Vol. 14 Issue 33, p5 

    The article reports on the growth of the managed account industry in the U.S. The Chicago market research estimated the asset of the management industry to increase from $700 billion to $1 trillion by 2010. Market giants of the managed account industry has 80% control on the market such as...

  • Securities Firms Raise Share in Syndicated Loans. Stock, Helen // American Banker;10/3/2000, Vol. 165 Issue 190, p2 

    Reports that Merrill Lynch & Co. and Morgan Stanley Dean Witter & Co. were two of the three lead arrangers on the largest syndicated loan in the United States for the third quarter of 2000. Illustration of how securities firms are using credit to round out their investment banking services;...

  • Going for Broker. Detamore-Rodman, Crystal // Entrepreneur;Jun2002, Vol. 30 Issue 6, p52 

    Examines the commercial lending services offered by stockbrokers to small businesses. Availability of credit facilities from Morgan Stanley Dean Witter & Co. and Merrill Lynch & Co. Inc.; Reason for the success of their lending business; Comparison between the services offered by brokerage...

  • INVESTMENT BANKING DATABASE: ENERGY & POWER.  // Investment Dealers' Digest;2/21/2005, Vol. 71 Issue 7, p36 

    The article presents statistical information concerning investments of the energy and power industry in the U.S. The information includes top U.S. new issues bookrunners as of February 2, 2005, announced U.S. target M&A advisers as of February 2, 2005, etc. Some of the companies included are:...

  • GLOBAL RANKING.  // Investment Dealers' Digest;10/6/2003, Vol. 69 Issue 38, p50 

    Lists investment banks ranked by securities underwriting. Citigroup Inc.; Morgan Stanley & Co.; Merrill Lynch & Co. Inc.

  • S&P Lowers The Boom On I-Banks.  // Investment Dealers' Digest;6/9/2008, Vol. 74 Issue 23, p15 

    The article reports on the completed review of rating to some bulge-bracket banks performed by Standard & Poor in the U.S. It states that the decision gives a negative outlook on the ratings involving Lehman Brothers, Merrill Lynch, and Morgan Stanley. Analysted, outlook of the review has...

  • Sub-prime ministering. Powley, Tanya // Money Marketing;5/17/2007, p36 

    The article reports that the financial firm Abbey Co., is set to re-enter the sub-prime market in a tie-up with investment bank Merrill Lynch. According to the author, Abbey's deal with Merrills will see it distribute buy-to-let, self-cert and sub-prime mortgages. It is also suggested that this...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics