Latest news
Latest news
Vida Bank is also building up its funding team
Bank’s relationship with SpringCash is ‘commercial’
Stefan Jost will take over the role
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Banco Santander may sell more non-core assets to help it raise its capital ratio to 10% by June, according to José Antonio Alvarez, the Spanish bank’s cfo.
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Philipp Hildebrand has resigned as chairman of Swiss National Bank after revelations that his wife had made currency trades three weeks before the central bank capped the Swiss franc.
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Virgin Money has named Mark Parker as coo of the bank, which has grown in size with the takeover of part of Northern Rock on Jan. 1.
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Wells Fargo is said to have named Charles Mather to succeed Chris Campbell as head of commercial mortgage-backed securities trading.
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Morningstar hired Gregory Murdock to the post of director of Commercial Mortgage-Backed Securities Investor Services.
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European banks are stepping up their sale of covered bonds as a financing alternative.
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The law firm Gibbs & Bruns announced that its client institutional bondholders have instructed US Bank and HSBC, as their trustees, to launch investigations of ineligible mortgages that were pooled for more than $19 billion of residential mortgage backed securities issued by various affiliates of Wells Fargo.
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The Royal Bank of Scotland may cut up to 10,000 jobs as part of its restructuring into a retail bank.
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The Royal Bank of Scotland is said to be meeting with U.K. investors beginning Jan. 5 with an eye toward selling a sterling-denominated covered bond.