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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Large U.K. banks may close additional branches in their networks to reduce costs.
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Deutsche Bank says it has entered talks to sell BHF Bank to Kleinwort Benson.
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HSBC plans to cut 672 jobs in France over the next three years in an effort to attract investors by lowering costs, which in turn would boost returns.
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IKB Deutsche Industriebank, the German lender owned by the U.S. private equity firm Lone Star Funds, has named Ina Burghardt as v.p. in charge of syndication for leveraged and structured corporate loans.
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RBC Capital Markets has hired Michael Rudd as a director to its fixed-income platform in New York, snapping up the credit trader from UBS to co-manage the bank’s global covered bond book.
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Recent changes to the methodology Moody’s Investors Service uses to rate collateralized loan obligations may pose extension risks, according to analysts at Wells Fargo and JPMorgan.
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The Office of the Comptroller of the Currency is forcing banks to conduct a self review of mortgage foreclosure and servicing standards to ensure bank practices line up with the government’s guidelines.
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Austin-based broker dealer Tejas Securities Group is expanding into high-grade securitization, appointing Samir Shah, former head of asset and mortgage-backed securities at MF Global, to its sales and trading desk.
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BNP Paribas has named Benjamin Jacquard as global head of credit trading in London, where he will be responsible for building the firm’s asset-backed securities trading, among other things.