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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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Ed Hamilton, the head of Bank of America’s par loan trading desk, has retired. His last day at the bank was Tuesday.
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Ed Hamilton, the head of Bank of America's par loan business, has retired. His last day at the bank was Tuesday.
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Ninety-five percent of credit portfolio managers say their reputation for managing risk has strengthened during this credit crisis, according to a survey released last week by the International Association of Credit Portfolio Managers, the International Swaps & Derivatives Association and The Risk Management Association.
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UBS may be losing two of its mortgage-backed securities researchers. Jeffrey Ho, managing director, and Greg Reiter, director, are reportedly leaving the bank.
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Billy Procida has sold his interest in Palisades Financial, the real estate lender he founded more than 10 years ago, and is set to launch William Procida, Inc., a new firm that will focus on fixing troubled commercial real estate projects.
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Three senior executives have jumped over to UK-based bank Standard Chartered from Lehman Brothers.
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Mizuho has brought in several outside securitization professionals as consultants to reportedly help sort through and manage the collateralized debt obligation and other securities it holds.
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Neil McPherson, head of asset-backed securities syndication at ABN AMRO, has left the bank.
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Insurance securitization professional Y.C. Wu has joined JPMorgan from UBS.