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Octopus Electric Vehicles has also added to its capital markets team
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Lloyds Banking Group says it is no longer in exclusive talks with Co-Operative Group for the purchase of its 632 branches and is now open to other bids.
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Rabobank is said to be considering a sale of its Robeco fund management unit to help it meet new capital requirements.
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ING Investment Management Europe has debuted its euro-denominated covered bond fund with EUR100 million ($199 million).
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Canadian Prime Minister Jim Flaherty has proposed new ruled for the covered bond market, including a ban on banks from using government-backed loans as collateral for covered bonds.
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Citigroup is said to be aiming to raise a $302.5 million collateralized loan obligations for Aegon USA Investment Management.
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Fannie Mae has issued new guidelines for servicers designed to expedite short-sale transactions and improve transparency on short sale reviews.
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MetLife has filed suit against Morgan Stanley alleging fraud involving $757 million in residential mortgage-backed securities it bought in 2006 and 2007.
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CIT Group, a financing provider for small business, has closed a $753 million equipment-lease securitization backed by a pool of leases from its CIT Vendor Finance unit.
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The Royal Bank of Scotland has lost between £10 billion ($16.18 billion) and £20 billion ($32.36 billion) in market value thanks to tougher U.K. banking regulations, according to Stephen Hester, the bank’s ceo.