Latest news
Latest news
Key points of contention include the investor sanctions regime and the definition of 'resilience'
Magnetar and Chorus Capital lose experienced pros
Vida Bank is also building up its funding team
More articles
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Ginnie Mae has ordered issuers of its mortgage-backed securities to make four additional pieces of data available to investors beginning in September.
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Panama’s Global Bank has pulled a planned $200 million five-year covered bond after investors are said to have pushed back against a small deal from a little-known financial institution.
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A lack of confidence in the models credit ratings agencies use to assess residential mortgage-backed securities and in the agencies themselves is stifling the U.S. housing recovery, according to Reason Foundation.
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The Federal Reserve of Bank of New York has launched another round of bidding for collateralized debt obligations in its Maiden Lane III portfolio.
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The Spanish government is considering the creation of a bad bank to hold financial institutions’ toxic assets but says the transfer would be voluntary for now.
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The Royal Bank of Scotland says it is will repay the final portion of the £163 billion ($263.3 billion) in loans it received through the U.K. government’s Credit Guarantee Scheme.
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The ceos of top Wall Street banks have complained to Federal Reserve Governor Daniel Tarullo that recent stress tests conducted by the central bank used a scenario that overstated their losses, and that proposed counterparty credit limits likewise overstated banks’ exposure to each other.
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Société Générale reports that profits in the first quarter dropped 20% to EUR732 million ($962.5 million) from a year earlier, largely because of a revaluation of its debt and loses from the sale of a corporate loan portfolio.
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Austrian bank Hypo Noe sold a EUR500 million ($657.5 million) no-grow 10-year covered bond, which attracted an orderbook three times that size from 100 investors.