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
More articles
-
Adam Posen, a policymaker at the Bank of England, says the central bank should dip into securitizations backed by loans to small and medium-size business as a way to boosting the economic recovery, putting him at odds with Mervyn King, the bank’s governor, who is opposed to purchasing private assets.
-
Tristan Capital Partners is preparing to launch European Property Investors Special Opportunities 3, a EUR750 million ($935.1 million) offering that is third in a series of valued-added/opportunistic funds.
-
Reps. Gary Peters (D-Mich.), John Campbell (R-Calif.) and Keith Ellison (D-Minn.) have introduced the Preserving American Homeownership Act of 2012, which calls for the development of a pilot program that would allow principal reductions on loans from Fannie Mae, Freddie Mac and the Federal Housing Administration.
-
Brevan Howard Asset Management is looking to see up to 60% return within two years from a new fund that invests in commercial mortgage-backed securities.
-
Former investors in Bear Stearns have agreed to settle their lawsuit against the investment bank for $275 million over claims that the firm misled them about its health.
-
BNY Mellon Capital Markets is expanding its mortgage securities trading desk, picking up a handful of traders from Ally Securities, a unit of Ally Financial.
-
U.K. Prime Minister David Cameron supports the idea of creating a European banking union, but says his country will not participate in it. Cameron adds that he would veto any agreement that did not include adequate protections for the U.K.
-
Clydesdale Bank has rolled out a £1.5 billion ($2.31 billion) covered bond backed by residential loans with an average loan-to-value of 63.5%.
-
The European Parliament’s influential Economic and Monetary Affairs committee has approved several proposals for the E.U.’s mortgage directive, including a measure that would require lenders to link their variable rates with a reference rate.