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  • Deutsche Bank has beat out several private equity funds in winning the auction for a $910 million portfolio of commercial loans sold by units of Capmark Financial Group.
  • Alex Maddox has left as head of European residential mortgage-backed securities at Deutsche Bank.
  • The U.K.’s Financial Services Authority has found satisfactory NBNK’s proposal from a regulatory point of view for Lloyds Banking Group’s 632 branches.
  • The value of the shadow banking system totaled $9.53 trillion as of Dec. 31, more than 50% below its peak level in 2008, according to Deloitte Center for Financial Services' index.
  • The chief investment office of JPMorgan Chase is said to have priced some its swaps differently from those of its investment bank.
  • JPMorgan Chase is restructuring its chief investment office by spinning out its special investment group, which will be barred from investing in credit derivatives.
  • The U.S. Securities and Exchange Commission has appointed Jon Rymer as interim inspector general under a permanent appointment is made.
  • The boards of Spain’s Ibercaja, Liberbank and Caja3 have approved a merger of the three to form the nation’s seventh-largest savings banks with assets of roughly EUR120 billion ($149.6 billion).
  • Barclays is said to have ended talks with potential buyers of its French and Italian retail units and instead will focus on improving their profitability.