Latest news
Latest news
Joanna Chan is taking on the role of head of strategic capital
Key points of contention include the investor sanctions regime and the definition of 'resilience'
Magnetar and Chorus Capital lose experienced pros
More articles
More articles
-
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.
-
Spain’s Caixabank has increased its stake in Portugal’s Banco BPI to nearly 49% by acquiring a 18.87% stake from Brazil‘s Banco Itau for EUR93.4 million ($123.2 million)
-
ING Investment Management is planning to launch a euro-denominated covered bond. ING already offers EUR1.4 billion ($1.85 billion) in the bonds.