Banks flex muscles to win prestige mortgage mandates

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Banks flex muscles to win prestige mortgage mandates

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A red houses sitting on a coins, with a pen and calculator to symbolize house finance in the U.k. | Ian Milburn/spectrumblue - Fotolia

Investment manager Davidson Kempner has enlisted Credit Suisse to act as risk retention holder for the refinancing of the Hawksmoor portfolio, one of the UK’s largest books of legacy mortgages, with Bank of America also committing serious balance sheet to win its joint arranger role.

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