Latest news
Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
More articles
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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.
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MetLife has filed suit against Morgan Stanley alleging fraud involving $757 million in residential mortgage-backed securities it bought in 2006 and 2007.