Episodes

  • The paradox of lender M&A
    Dec 9 2025

    George Smith and Tom Hall talk through Enpal’s second deal, the UK’s bank capital tweaks and why there isn’t more M&A in the specialist lender market

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    19 mins
  • Solar ABS gets pumped up
    Dec 1 2025

    This week Tom Hall and Thomas Hopkins discuss how Enpal's return heated up the ABS market and take the CLO equity market's temperature

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    34 mins
  • Sleeping giants awaken
    Nov 25 2025

    George Smith talks to Tom Hall about a run of giant ABS deals, and to Thomas Hopkins about whether changes to Solvency II will bring insurers flocking back to securitization.

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    27 mins
  • Topiary and private credit CLOs
    Nov 18 2025

    George Smith talks to Thomas Hopkins about hedging in private credit CLOs, before Tom Hall discusses Cerberus’ bridging breakthrough

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    37 mins
  • Prefunding preferred please
    Nov 10 2025

    George Smith talks to Thomas Hopkins about what S&P’s France downgrade means for CLOs and sterling ABS issuers’ enthusiasm for prefunding

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    20 mins
  • Discretionary commission in the rear view mirror
    Nov 3 2025

    Waterfall's forward flow advantages, UK auto ABS resumes and CLO managers tackle a bifurcated leveraged loan market

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    33 mins
  • The seesaw of CLO mezz
    Oct 27 2025

    George Smith talks to Tom Hall about a wobble in the sterling ABS market and to Tom Hopkins about some signs of widening in CLO mezz

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    28 mins
  • Sharia compliant RMBS gets into its stride
    Oct 20 2025

    Tom Hall talks to George Smith about mortgage tokenisation and Thomas Hopkins about a bifurcation in the leverage loan market and a breakthrough deal in UK RMBS

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    22 mins