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
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U.S.-based Pricoa Mortgage Capital has closed a £70 million ($109.14 million) commercial real estate loan in the U.K., its first it launched its European operations earlier this year.
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The Royal Bank of Scotland is planning to drop its independent financial advisers unit and shifting its 118 IFAs to a new restricted-advice unit.
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Eurohypo has sold a portfolio of $760 million of performing loans to US Bancorp, Wells Fargo and the Blackstone Group at an average discount of 5% to par value.
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U.S. District Judge Paul Crotty of Manhattan has ruled that investors in Goldman Sachs may proceed with their lawsuit against the investment bank for allegedly concealing conflicts of interest in several collateralized debt obligations, which eventually led to a drop in the firm’s share price.
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The European Union is expected to support a greater oversight role for the European Central Bank for the bloc’s banking system, but was unclear about the future role for the European Banking Authority, which has been
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The Royal Bank of Scotland stands to lose £300 million ($467 million) in a deal to sell 318 of its branches to Santander UK because it missed several targets written into the original agreement.
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James Kroeker is leaving next month as chief accountant at the U.S. Securities and Exchange Commission and is returning to the private sector.
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The Bank of Ireland has appointed Archie Kane as new governor, effective immediately.
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Commerzbank has filed a second appeal to overturn a ruling last month by the U.K. High Court that the German lender must pay an estimated EUR50 million ($62.9 million) in promised bonuses to 104 former bankers at Dresdner Kleinwort.