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
More articles
-
Moody’s Investors Service has placed Credit Suisse on review for a downgrade after Switzerland’s second-largest bank posted losses in investment banking and a decline in wealth management income.
-
\Josef Ackermann has announced that he has decided not to accept the chairmanship of Deutsche Bank when he retires next may as ceo.
-
UBS has named Sergio Ermotti as successor to Oswald Gruebel as ceo, effective immediately.
-
Wyndham Worldwide has completed its $300 million Sierra Timeshare 2011-3 Receivables Funding LLC securitization.
-
Alliance Data Systems has closed its $350 million World Financial Network Credit Card Master Note Trust.
-
UBS and Citigroup are said to be teaming up to offer $750 million in commercial mortgage-backed securities, as early as next month.
-
Ally Financial is said to be considering filing for bankruptcy protection for its Residential Capital unit as a way of limiting its exposure to the troubled mortgage lender.
-
Goldman Sachs says it is facing lawsuits involving $15.8 billion in mortgage-backed securities, a thirtyfold jump from its estimate of $485 million just three months ago.
-
Prices for non-agency residential mortgage-backed securities are at their lowest level compared with other products since 2008, according to Amherst Securities Group.