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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First Niagara Financial Group earned $16 million before taxes following the sale of $3.1 billion in mortgage-backed securities.
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JPMorgan Chase has pumped money into Junius Real Estate Partners after the fund failed to attract investors.
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Standard & Poor’s has issued its methodology for rating covered bonds.
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Lloyds Banking Group has reached a deal with the Co-operative Group for its 632 branches, and has ended talks with NBNK for the offices.
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Barclays has agreed to settle allegations by the U.S. Commodity Futures Trading Commission, the U.S. Department of Justice and the U.K.’s Financial Services Authority that its traders manipulated the London Interbank Offered Rate to benefit its derivatives.
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Credit Suisse won four of the collateralized debt obligations with a face value of $3.45 billion in the latest Federal Reserve auction of assets from its Maiden Lane III portfolio acquired from the bailout of American International Group.
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Wells Fargo has acquired the $6 billion subscription finance portfolio from German lender WestLB. Wells has named Dee Dee Skylar, the former head of that business at WestLB, to lead its new unit.
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Freddie Mac increased its purchases of residential mortgage loans from lenders 19% in May from the preceding month, after pulling back 38% in April from March.
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Spain’s Bankia, CatalunyaCaixa, NovaGalicia and Banco de Valencia are shifting an estimated EUR15 billion ($18.73 billion) in toxic loans to a state-owned bad bank so that they can secure bailout funds from the European Union.