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
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Goldman Sachs said it will slash 1,000 jobs after revenue from trading debt, currencies and commodities plummeted 63% in the second quarter from the previous three-month period.
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RBS Securities has been hit by a second lawsuit by the National Credit Union Administration.
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Countrywide Financial and its parent, Bank of America, are facing another lawsuit for alleged misrepresentations about mortgage-backed securities sold by their affiliates.
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Aston Asset Management’s New ASTON/DoubleLine Core Plus Fixed Income Fund is planning to invest in mortgage-backed securities among other asset classes.
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Bank of America-Merrill Lynch is said to be considering a sale of some $40 billion of mortgage-servicing rights linked to loans issued by Freddie Mac.
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An estimated one-quarter of loans modified through Citigroup’s private programs have redefaulted over the past two years, according to John Gerspach, the bank’s cfo.
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The Royal Bank of Canada Capital Markets’ U.S. covered bond origination chief sees opportunity in overseas banks tapping U.S. investor appetite for covered bonds. -
Robert Bostrom, the executive v.p., general counsel and corporate secretary for Freddie Mac, is jumping to private practice and will start work at SNR Denton in mid-August.
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The U.S. Securities and Exchange Commission is said to be looking into whether banks are providing shareholders with accurate information about potential mortgage-related liabilities from payouts and legal challenges.
