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
-
Legal &General has entered the property-lending sector with a £121 million ($196.7 million) loan to Unite, a student housing developer and manager, a year after it first considered a move into the market.
-
U.S. banks have eased their lending standards for commercial loans as they experienced stronger demand in the first quarter, according to the Federal Reserve’s quarterly survey of senior loan officers.
-
Ally Financial has acknowledged in a regulatory filing that it is considering a bankruptcy filing for its Residential Capital unit after it failed to make a $20 million interest payment.
-
The U.S. Federal Housing Finance Agency has put off making a decision on whether to allow principal reduction on loans issued by Fannie Mae and Freddie Mac.
-
Freddie Mac has announced a $1 billion offering of structured pass-through certificates, multifamily mortgage-backed securities known as K-certificates. The deal is the sixth from the K shelf.
-
Real estate investment trust Western Asset Management has announced plans to raise $160 million in an initial public offering and to use the proceeds to investment in mortgage-backed securities from Fannie Mae and Freddie Mac.
-
Andrea Enria, chairman of the European Banking Authority, said in a speech that the EBA should have the authority to develop a single rulebook for banks, including uniform standards for core Tier One Capital.
-
Spanish Prime Minister Mariano Rajoy is said to be considering the creation of a bad bank to hold lenders’ toxic assets in an effort to avoid a bailout similar to those of Greece, Ireland and Portugal.
-
Standard & Poor’s has downgraded 16 Spanish banks, with Banco Santander and its Banco Espanol de Creditor unit hit the hardest, after gross domestic product figures for the first quarter indicated that Spain has fallen back into recession.