Latest news
Latest news
Key points of contention include the investor sanctions regime and the definition of 'resilience'
Magnetar and Chorus Capital lose experienced pros
Vida Bank is also building up its funding team
More articles
More articles
-
The European Union has reached a deal with HSH Nordbank under which the German lender agrees to cut its balance sheet by 2014 by more than 40% of its size in 2008 and no longer receive state aid.
-
Barclays Capital has teamed up with Fundcore Finance Group to establish a commercial mortgage-backed securities origination and securitization program.
-
Goldman Sachs and Citigroup are bringing back an upsized version of the commercial mortgage-backed security they decided to pull in July after Standard & Poor’s refused to rate it.
-
RBS Securities has named Tom Majewski as managing director and head of collateralized loan obligation origination in its asset-backed finance team in the Americas.
-
The U.K.’s Financial Services Authority and the Swiss Financial Market Supervisory Authority are planning to conduct an independent investigation into UBS’ losses stemming from alleged unauthorized trades by Kweku Adoboli.
-
The U.S. Securities and Exchange Commission has unanimously voted to propose a plan aimed at eliminating the types of conflicts that were at the center of a lawsuit against Goldman Sachs over its ABACUS 2007-AC1 collateralized debt obligation.
-
Citigroup is said to be looking to unwind more than $2.2 billion in collateralized loan obligations it created as part of its plan to dispose of collateral held in Citi Holdings, the “bad bank” it set up.
-
Bank of America is said to be considering bankruptcy for its Countrywide Financial unit if losses from litigation against the troubled lender could hurt the parent company.
-
Deutsche Bank is losing a second top securitization staffer with the departure of Cyril Courbage as managing director and head of European real estate.