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
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Citigroup is said to be cutting back on the asset pool it intends to include in the sale of its OneMain Financial unit potentially to Centerbridge Capital Partners and Leucadia National.
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The Association for Financial Markets in Europe has hired James Kotsomitis as a managing director in its capital markets division.
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Large U.K. banks may close additional branches in their networks to reduce costs.
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Deutsche Bank says it has entered talks to sell BHF Bank to Kleinwort Benson.
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HSBC plans to cut 672 jobs in France over the next three years in an effort to attract investors by lowering costs, which in turn would boost returns.
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IKB Deutsche Industriebank, the German lender owned by the U.S. private equity firm Lone Star Funds, has named Ina Burghardt as v.p. in charge of syndication for leveraged and structured corporate loans.
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RBC Capital Markets has hired Michael Rudd as a director to its fixed-income platform in New York, snapping up the credit trader from UBS to co-manage the bank’s global covered bond book.
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Recent changes to the methodology Moody’s Investors Service uses to rate collateralized loan obligations may pose extension risks, according to analysts at Wells Fargo and JPMorgan.
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The Office of the Comptroller of the Currency is forcing banks to conduct a self review of mortgage foreclosure and servicing standards to ensure bank practices line up with the government’s guidelines.