Latest news
Latest news
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
Key points of contention include the investor sanctions regime and the definition of 'resilience'
More articles
More articles
-
Rothschild is said to have agreed to acquire Elgin Capital, a manager of collateralized loan obligations, in a deal that will triple the financial advisers European leveraged loans undermanaged to roughly €2 billion ($2.9 billion).
-
Tareck Safi, managing director in London, has left the Royal Bank of Scotland, where he focused on asset-backed securities structuring and trading.
-
Deven Sharma is stepping down as president of Standard & Poor’s Sept 12.
-
Eric Schneider, head collateralized loan obligation trader at Morgan Stanley, has left the firm for hedge fund Omega Advisors, according to an official with knowledge of the move.
-
A slowdown in earnings poses a greater risk than liquidity for European banks, according to Deutsche Bank analysts.
-
GE Capital has boosted its U.K. and cross-border structured asset-based lending team by hiring James Simeons as director of corporate originations and structuring.
-
Bank of America could face another $9 billion of liability for bad mortgages if a New York judge decides a case in favor of bond insurer MBIA and requires the bank to buy back loans even if the problems in the mortgages did not result in a borrower’s default.
-
Bank of America has appointed Ron Sturzenegger as head of Legacy Asset Servicing, the unit that handles delinquent loans, foreclosures and mortgage repurchases.
-
Ally Securities is building up its presence in collateralized mortgage obligations, hiring away trader Bruce Graham from BNP Paribas and structurer Chris O’Bara from Normura Securities.