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
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PCM Fund has eliminated an investment policy that it would invest at least 50% of total assets in commercial mortgage-backed securities, thus opening the way to expand its exposure to a broader range of assets classes, including agency CMBS, private-label MBS, investment-grade corporate debt securities and high-yield corporate debt securities.
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Deutsche Bank has beat out several private equity funds in winning the auction for a $910 million portfolio of commercial loans sold by units of Capmark Financial Group.
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Alex Maddox has left as head of European residential mortgage-backed securities at Deutsche Bank.
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The U.K.’s Financial Services Authority has found satisfactory NBNK’s proposal from a regulatory point of view for Lloyds Banking Group’s 632 branches.
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The value of the shadow banking system totaled $9.53 trillion as of Dec. 31, more than 50% below its peak level in 2008, according to Deloitte Center for Financial Services' index.
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The chief investment office of JPMorgan Chase is said to have priced some its swaps differently from those of its investment bank.
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JPMorgan Chase is restructuring its chief investment office by spinning out its special investment group, which will be barred from investing in credit derivatives.
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The U.S. Securities and Exchange Commission has appointed Jon Rymer as interim inspector general under a permanent appointment is made.
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The boards of Spain’s Ibercaja, Liberbank and Caja3 have approved a merger of the three to form the nation’s seventh-largest savings banks with assets of roughly EUR120 billion ($149.6 billion).