Latest news
Latest news
Banker had been at NatWest for three years
New hire to be US head of digital infrastructure finance for combined firm
More articles
More articles
-
The Spanish government has acquired a 45% stake in Bankia, the country’s third-largest lender, in a deal that coverts EUR4.47 billion ($5.8 billion) in state aid to common shares.
-
HSBC is in talks to sell another four of its Latin American businesses in its effort to reduce costs and streamline its operations.
-
Morgan Stanley and Barclays are said to have had the winning bids for $1.5 billion of collateralized debt obligations offered by UBS.
-
Law firm Mayer Brown has hired David Stewart, an expert in commercial mortgage-backed securities, as a partner in its real estate practice in New York.
-
StormHarbour recently hired Shammi Malik as head of European asset-backed securities trading in its London office.
-
A German High Court judge has ruled that Commerzbank must pay EUR50 million ($65 million) in bonuses to 104 former Dresdner Kleinwort bankers in the U.K. according to their 2008 agreement, rejecting claims that the lender’s massive losses should free them from the obligation.
-
Barclays has named Sharon Quinlan as head of structured property debt finance in London.
-
New York Supreme Court Justice Charles Ramos of Manhattan has rejected a motion by JPMorgan Chase to dismiss a lawsuit by Syncora Guarantee that charged Bear Stearns, now owned by JPM, made false and misleading statements in connection with the sale of mortgage-backed securities.
-
Prudential Financial has filed suit against Morgan Stanley related to the investment bank’s sale of $1 billion in residential mortgage-backed securities to the insurer.