Latest news
Latest news
Magnetar and Chorus Capital lose experienced pros
Vida Bank is also building up its funding team
Bank’s relationship with SpringCash is ‘commercial’
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Credit Suisse has named Roger Lehman to succeed Dale Westhoff as head of securitized product research. Lehman will also continue as lead strategist for commercial mortgage-backed securities.
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Allied Irish Banks is closing is offshore subsidiaries in Isle of Man and Jersey by the end of next year as part of its plan to become a smaller, domestically focused bank.
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The Rothschild family has announced plans to merge its French Rothschild & Cie Banque and Rothschilds Continuation Holdings, which holds assets including London-based bank N.M. Rothschild & Sons.
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Ethan Penner, one of the founding fathers of the commercial mortgage-backed securities market, is set to leave CBRE Capital Partners, according to sister publication Real Estate Finance Intelligence.
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Credit Suisse is said to have dropped the rating by Fitch Ratings from a residential mortgage backed security because of a dimmer view of the RMBS than that taken by rivals Standard & Poor’s and DBRS, according to Paul Taylor, Fitch’s new ceo.
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Eurohypo’s $740 million portfolio of performing loans has attracted more than 100 prospective buyers.
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BNP Paribas has named Philippe de Gentile to succeed Jacques-Olivier Thomann as head of structured finance in Switzerland, effective May 1.
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Jefferies has named Rohit Bansal as managing director and head of distressed and special situations in its fixed-income operations.
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British lobby group TaxPayers’ Alliance is pressing the U.K. government to step up efforts to unload its stakes in the Royal Bank of Scotland and Lloyds Banking Group even if it means at a loss.