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
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The volume of troubled loans that Fannie Mae wants Bank of America to buy back has
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Kroll Bond Ratings has leaped ahead of Standard & Poor’s to become the third-largest rater of commercial mortgage-backed securities by market share just one year after entering the field.
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Large global banks are bracing for another round of staff reductions in banking and trading amid a weak economy and tough new regulations.
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The global investigation by regulators into manipulation of interest rates is focusing on traders at Deutsche Bank, HSBC, Société Générale and Crédit Agricole.
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The International Monetary Fund has recommended that Italian banks conduct stress tests as they look for ways to shed toxic debt from their balance sheets.
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The Co-Operative Group has inked a deal for Lloyds Banking Group’s 632 branches for only £350 million ($550 million) upfront, just a fraction of £1.5 billion ($236 billion) Lloyds was hoping to raise.
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Deutsche Bank is expected to reduce its investment banking staff by 10% as financial market activity slows amid the European debt crisis.
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Global regulators investigating alleged manipulation of the Euro Interbank Offered Rate are focusing on Philippe Moryoussef when he was a trader at Barclays between 2005 and 2007 and who has since been a trader at the Royal Bank of Scotland, Morgan Stanley and Nomura.
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John Ewan has left as director in charge of managing the London Interbank Offered Rate at the British Bankers’ Association to become head of business development of benchmark operations at Thomson Reuters.