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
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Moody’s Investors Service has downgraded Société Générale and Crédit Agricole because of their exposure to the debt of Greece and other nations in the euro-zone.
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Bank of New York Mellon is said to have decided against putting up its Alcentra unit for sale.
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BMO Capital Markets has expanded its real estate investment-banking team with the hiring of Mark Decker as managing director and group head.
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The World Bank’s International Finance Corp. unit for the first time is investing in hedge funds, specifically placing $100 million in one that will provide cash to banks that experience unexpected losses from loans in exchange for a cut from the bank.
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Goldman Sachs has been given the green light to expand its collateralized loan obligation group in anticipation of a comeback in the sector, according to officials familiar with the matter.
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RBS Securities has hired Pat Beranek as a managing director on its asset-backed securities trading desk where he will be responsible for trading non-mortgage ABS.
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BNP Paribas has revealed details of its funding structure as a way to calm jittery investors.
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HSBC Holdings said it plans to slash an estimated 3,000 jobs in Hong Kong over the next three years as it takes steps globally to reduce costs and boost profitably.
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James Campbell, former director of servicer oversight at Deutsche Bank, has left for a new post at Vericrest Financial, the renamed servicing arm of CIT Group.