Latest news
Latest news
Blatter will be lead portfolio manager for BlackRock’s European CLO platform
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
More articles
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Mortgage approvals in the U.K. fell to 44,192 in June, the lowest level since December 2010, according to the Bank of England. The figure was about 4,000 below economists’ forecast. Click here to read the story from Bloomberg.
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Antoine Cornut has left as head of flow-credit trading in the Americas and Europe at Deutsche Bank for a hedge fund.
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Rep. Barney Frank (D-Mass.) and Sen. Chris Dodd (D-Conn.), the architects of the bank reform act that bears their name, oppose breaking up big financial institutions, as recently supported by Sanford Weill, the for ceo of Citigroup, in an interview.
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JPMorgan Chase has made several management changes, including naming Todd Maclin and Gordon Smith co-ceos of consumer and community banking, which includes mortgage banking.
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Maria Fekter, Austria’s finance minister, has ruled out creating a single bad bank to hold toxic assets for lenders that it has nationalized.
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The Austrian government has put up for sale Kommunalkredit Austria, the bank it nationalized after acquiring it from Oesterreichische Volksbanken, with the hope of closing a deal by the middle of next year.
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Natixis Asset Management has teamed up with AEW Europe to launch the Senior European Loan Fund, which aims to raise EUR500 million ($614.6 million) to invest in senior real estate loans, mainly in France, Germany and the U.K. Click here to read the story from Institutional Asset Manager.
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Mitsubishi is launching a commercial mortgage-backed securitization business in the U.S. in a joint venture with Five Mile Capital Partners.
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Google has tapped its stockpile of cash to invest large chunks of money into two recent asset-backed securitizations issued by Hyundai Capital America and Honda.