Latest news
Latest news
Bank’s relationship with SpringCash is ‘commercial’
Stefan Jost will take over the role
Koning to leave in the next year
More articles
More articles
-
Mortgage originations were up 37% to $205.8 billion in the second quarter from a year earlier at the nation’s four largest lenders, Wells Fargo, JPMorgan Chase, Bank of America and Citigroup.
-
Mizuho Financial Group has agreed to pay $127.5 million to settle charges by the U.S. Securities and Exchange Commission alleging the firm and three of its employees misled investors in collateralized debt obligations by using “dummy assets” to inflate the deal’s credit rating.
-
Standardization of defined terms and structural features of futures collateralized loan obligations could boost primary issuance, increase liquidity in the secondary market and attract investors, according to Fitch Ratings.
-
The volume of troubled loans that Fannie Mae wants Bank of America to buy back has
-
Kroll Bond Ratings has leaped ahead of Standard & Poor’s to become the third-largest rater of commercial mortgage-backed securities by market share just one year after entering the field.
-
Large global banks are bracing for another round of staff reductions in banking and trading amid a weak economy and tough new regulations.
-
The global investigation by regulators into manipulation of interest rates is focusing on traders at Deutsche Bank, HSBC, Société Générale and Crédit Agricole.
-
The International Monetary Fund has recommended that Italian banks conduct stress tests as they look for ways to shed toxic debt from their balance sheets.
-
The Co-Operative Group has inked a deal for Lloyds Banking Group’s 632 branches for only £350 million ($550 million) upfront, just a fraction of £1.5 billion ($236 billion) Lloyds was hoping to raise.