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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 Spanish government may nationalize Caja Mediterráneo, the savings bank that appears to have been the reason a proposed merger with three other cajas fell apart last week.
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The European Union has approved a support package restructuring plan for the newly created ABN Amro Group, subject to “certain conditions designed to consolidate the viability of the group.”
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The European Union’s proposed lending director offers falls short of helping the market or consumers, says Alison Beech, director of business relationship at Spicerhaart and Valunation.
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UBS has named Ulrike Hock as an analyst on its covered-bond desk.
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Italy’s Intesa Sanpaolo says its plans to raise €5 billion ($7.07 billion) in new capital ahead of stress tests scheduled to begin this month.
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Adam Behlman, head of real estate finance for UBS, has left the firm. Details surrounding his departure could not be determined by press time.
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The National Association of Realtors has told Congress to “move cautiously” in reforming Fannie Mae and Freddie Mac.
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Fannie Mae reports its gross mortgage portfolio fell at an annualized rate of 15.2% in February, while its entire book of business slipped 0.7%.
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The Federal Reserve has released by court order thousands of documents revealing the name of banks that benefited from its discount-window emergency funding related to the financial crisis.