Latest news
Latest news
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
Key points of contention include the investor sanctions regime and the definition of 'resilience'
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Commerzbank says it will repay to the German government €14.3 billion ($20.51 billion) of the €16.3 billion ($23.38 billion) it received in rescue funds in 2009.
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Bankia, the new retail Spanish bank made up of Caja Madrid and six other savings banks, is creating a bad bank to hold toxic assets to make its listing later this year more attractive.
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Krishna Prasad, former London-based portfolio manager at BlackRock Solutions, has been hired by the Royal Bank of Scotland to head mortgage-backed strategy for Europe.
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The Spanish government may nationalize Caja Mediterráneo, the savings bank that appears to have been the reason a proposed merger with three other cajas fell apart last week.
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The European Union has approved a support package restructuring plan for the newly created ABN Amro Group, subject to “certain conditions designed to consolidate the viability of the group.”
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The European Union’s proposed lending director offers falls short of helping the market or consumers, says Alison Beech, director of business relationship at Spicerhaart and Valunation.
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UBS has named Ulrike Hock as an analyst on its covered-bond desk.
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Italy’s Intesa Sanpaolo says its plans to raise €5 billion ($7.07 billion) in new capital ahead of stress tests scheduled to begin this month.
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Adam Behlman, head of real estate finance for UBS, has left the firm. Details surrounding his departure could not be determined by press time.