Traders Magazine
Capitolis, an SaaS platform that drives financial resource optimization for capital markets, appointed
James Kibbe as Head of Structured Funding Origination. Kibbe will lead the origination and execution of a suite of opportunities for banks, asset managers, hedge funds and insurers that will enable these firms to address some of their biggest challenges, including capital, funding, and balance sheet needs, across asset classes. Before joining Capitolis, Kibbe – a 25-year industry veteran – was a Managing Director at HSBC where he served in a variety of roles including Head of Rates, Repo/Derivative Financing; Co-Head of Institutional Sales for the Americas; and Head of Macro Sales.
but bank of america has been trading lower in recent days below the all important $5 a share and that is when portfolio managers could decide to unfold and it could go down more. shepard: new numbers that suggest the housing market is on the mends with home sales on the rise and of course there is a major catch. the recent housing bust was much worse than we first realized. the national association of realtors reports that the housing numbers the past few years or four years were off by 14 percent! based on the trade group s revised data sales from 2007 to 2010 were 14.7 million, three million fewer than the low number which we first reported. how does this happen? gerri: crazy. a lot of people did not have a lost faith in the numbers. they are telling us because we interviewed their chief economist he says we miscounted those for sale by owners, it is