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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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GE Capital has hired Neil Kerridge as origination director with its corporate structured-finance team in London.
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Foreclosure filings plunged 34% in April from a year earlier to their lowest level in 40 months, according to RealtyTrac.
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Leucadia National is said to be partnering with Cambridge Capital Partners to bid on OneMain, Citigroup’s consumer-lending unit formerly called CitiFinancial.
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UBS is said to have hired Kenneth Cohen as a managing director and head of real estate finance and commercial mortgage-backed securities in New York.
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French consumer lender Socram Banque expects securitization to play a bigger role in its funding strategy, according to Thierry Jollivet, cfo.
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The U.S. Court of Appeals for the Second Circuit has dismissed three lawsuits against Standard & Poor’s, Moody’s Investors Service and Fitch Ratings for their role in banks’ structuring of mortgage-backed securities.
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Aegon Asset Management U.K. is planning to invest in distressed U.S. housing market assets for its onshore and offshore strategic bond funds.
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MarketAxess Holdings has launched an electronic-trading platform for consumer-based asset-backed securities and preferred stocks.
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Sheila Bair has announced she will step down as chairman of the Federal Deposit Insurance Corp. July 8 after five years.