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Banker had been at NatWest for three years
New hire to be US head of digital infrastructure finance for combined firm
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The Office of the Comptroller of the Currency has released a statement that clarifies language in one of its rules concerning when federal regulations can preempt state law.
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The European Union has unveiled capital requirement proposals for global banks that essentially turn rules adopted by the Basel Committee on Banking Supervision into E.U. law.
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Treveria, a German retail property investor, has extended by one-year a €216 million ($310.34 million) securitized debt facility that was due to mature July 20.
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Members of the British Parliament have called on the Independent Commission on Banking to revisit its reform proposals and address several other concerns.
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Santander has decided to postpone a planned fourth quarter float of 20% of its U.K. business until the first half of 2012.
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Credit Suisse has named Tim O’Hara as co-head of global securities, succeeding Tony Ehinger, who decided to leave the Swiss bank after 25 years.
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The U.K.’s Financial Services Authority has responded to a request to publish findings on failed banks bailed out by the government, saying it will release a report on HBOS but not on Bradford & Bingley.
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Nervous investors have forced Goldman Sachs and Citigroup to restructure $1.48 billion commercial mortgage-backed securities with better protection over concern that Standard & Poor’s ratings of the bonds did not accurately reflect the risk.
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Goldman Sachs said it will slash 1,000 jobs after revenue from trading debt, currencies and commodities plummeted 63% in the second quarter from the previous three-month period.