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Banker had been at NatWest for three years
New hire to be US head of digital infrastructure finance for combined firm
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The Federal Reserve Bank of New York purchased $7 billion in agency mortgage-backed securities this week, down from $7.7 billion the week before.
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MetLife says it is exiting the reverse-mortgage business and is selling the unit to Nationstar Mortgage.
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The Financial Stability Board has published a report that calls for tougher regulations on securities financing, including repurchase agreements, over concerns that such transactions could threaten market stability.
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Lloyds Banking Group says it is no longer in exclusive talks with Co-Operative Group for the purchase of its 632 branches and is now open to other bids.
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Rabobank is said to be considering a sale of its Robeco fund management unit to help it meet new capital requirements.
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ING Investment Management Europe has debuted its euro-denominated covered bond fund with EUR100 million ($199 million).
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Canadian Prime Minister Jim Flaherty has proposed new ruled for the covered bond market, including a ban on banks from using government-backed loans as collateral for covered bonds.
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Citigroup is said to be aiming to raise a $302.5 million collateralized loan obligations for Aegon USA Investment Management.
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Fannie Mae has issued new guidelines for servicers designed to expedite short-sale transactions and improve transparency on short sale reviews.