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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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.
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Credit Suisse is said to be pitching its first U.S.-dollar denominated covered bond.