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
-
Trading of commercial mortgage-backed securities has slowed over the past week ahead of a sale of collateralized debt obligations originated by American International Group by the Federal Reserve’s Maiden Lane III portfolio.
-
Freddie Mac continued to reduce the size of its mortgage portfolio, shrinking at an annualized rate of 2.9% in March, after declining 3.3% and 4.8% in February and January, respectively.
-
Fitch Ratings commented on the announcement by Infonavit, Mexico’s state lender, will begin originating fixed-rate mortgage in June that peso-denominated residential mortgage-backed securities could follow within six to 18 months.
-
The rate for loans 30 days or more delinquent fell to 7.09% in March, 8.8% lower than a year earlier, according to Lender Processing Services.
-
U.S. Bancorp, Wells Fargo the Blackstone Group have acquired $740 million U.S. loan portfolio from German lender Eurohypo.
-
Andre Vollmann, a senior asset-backed securities portfolio manager at Cairn Capital, has reportedly left the firm in London.
-
Spanish lender BBVA says it has raised core Tier 1 capital ratio from 8.9% to 10.7% as required by the Basel Committee on Banking Supervision three months before the deadline and did so without sales of strategic assets, the help of government funds or cuts in dividends.
-
Credit Suisse reported that profit plunged 96% in the first quarter to CHF44 million ($48.17 million) from CHF1.1 billion ($1.2 billion) a year earlier, thanks in part to a charge on the value on its debt and scaling back of its investment-banking business.
-
The governing council of the European Central Bank has decided to require banks to provide more information on the asset-backed securities they plan to use for collateral they pledge to the ECB’s liquidity program.