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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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.
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Standard & Poor’s Ratings Service has places 70 tranches of U.S. corporate-backed collateralized debt obligations on watch for potential upgrade as the credit rating agency has been more positive about the instruments in recent months.