Latest news
Latest news
Norton Rose Fulbright and Katten have added to their legal teams
Asset manager wants to offer more products to institutional investors
More articles
More articles
-
Global investment banks should be able to withstand stress in the leveraged finance market, according to a Moody’s report published on Tuesday, thanks to lower pipeline limits and smaller deal sizes than pre-crisis. This was borne out during the fourth quarter of last year, when few banks were caught offside despite a slump in loan prices. -
Macquarie Bank is hiring Carolyn Porretta as a managing director in its EMEA securitization business.
-
Thomas Mathieson has joined Credit Suisse from NatWest Markets, to head up special situations and loan trading.
-
Blackstone is suing Urbano Cairo, chairman and controlling shareholder of Italian publisher RCS Mediagroup, citing loss of opportunity for Blackstone and its investors to sell a property acquired from RCS in 2013.
-
Marketplace lender Prosper miscalculated and materially overstated its annualised net returns to investors, according to the US Securities and Exchange Commission, which slapped the online lender with a $3m fine last month.
-
IFM Investors has hired Lucie Mixeras to its EMEA debt investments team as associate director, in response to what the company says is growing client demand for infrastructure debt.
-
NatWest Markets has hired an experienced debt capital markets banker to be its country head for Germany, based in Frankfurt.
-
The Securities and Exchange Commission (SEC) is taking a second look into combination notes, a genre of resecuritized CLOs, nearly nine months after Moody’s was fined for allegedly misrepresenting risks contained in the blended debt products. Alex Saeedy reports.
-
The European Central Bank will start calculating and publishing the new European benchmark rate Ester on October 2, while Euribor will be reformed to comply with the Benchmark Regulation (BMR). Eonia, meanwhile, is set to be phased out by 2022.
