Latest news
Latest news
Magnetar and Chorus Capital lose experienced pros
Vida Bank is also building up its funding team
Bank’s relationship with SpringCash is ‘commercial’
More articles
More articles
-
Credit Suisse is said to have announced Wednesday that the firm will cut about 50 staffers from its commercial mortgage-backed securities group.
-
European leveraged loan collateralized loan obligations are likely to come under increasing pressure in the fourth quarter, according to Fitch Ratings.
-
The Investment Company Institute has launched ICI Global, a new trade organization that will focus on regulatory, market and other issues for global investment funds.
-
UBS has suspended its entire Delta 1 trading team as it continues to investigate the unauthorized-trading scandal that resulted in a loss of $2.3 billion to the Swiss bank.
-
Belgium and France are scheduled to begin talks Saturday on dividing the assets of Dexia, the bank jointly owned by both countries.
-
Germany may revive SoFFin, the bank bail-out fund if the government determines it is necessary, according the country’s finance ministry.
-
Reaction was mixed to the announcement that the European Central Bank would launch a new covered-bond purchase plan next month.
-
Pressure is mounting on Bank of New York Mellon to settle fraud charges in connection with foreign-exchange cases as the New York state attorney general and the U.S. Attorney’s Office in Manhattan have filed fresh complaints against the bank.
-
MF Global has expanded its mortgage-backed securities team with the hiring of Rusian Margolin, Peter Ma and Steven Boginsky.