Latest news
Latest news
New realm for ex-Natixis banker, as HSBC Innovation Bank hires
Patrick Wills has more than 14 years’ experience working at US bank
Manager establishing London-based European BSL CLO platform
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Banco Santander is expanding its presence in Poland with the acquisition of Kredyt Bank from KBC Groep to make it the country’s third-largest lender.
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Société Générale Corporate & Investment Banking is preparing to sell EUR1.8 billion ($2.41 billion) in European performing loans to help raise its core tier 1 ratios.
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Chicago-based LaSalle Investment Management has named Roberto Carrera as head of European financing.
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HSBC is planning to claw back bonuses from executives of its NHFA unit after the bank was fined a record £10.5 million ($16.6 million) over the misselling of long-term care bonds to the elderly.
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Aldermore Bank and Shawbrook Bank, which formed since the start of the crisis of 2008, have criticized the British government’s new £20 billion ($31.62 billion) credit guarantee scheme aimed at easing the flow of money to small business, saying it will fall short of its goals as it will make credit cheaper but won’t make it more available.
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The Royal Bank of Scotland and Lloyds Banking Group have indicated they will seek EUR5 billion ($6.7 billion) and EUR10 billion ($13.4 billion), respectively from the European Central Bank’s long-term refinancing operation in its latest round, scheduled for Feb. 29.
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Glen Moreno is planning to retire as deputy chairman and senior independent director of Lloyds Banking Group, effective in May.
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The Central Bank of Ireland has appointed Lars Frisell as director of economics and chief economist, effective June 1.
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Lloyds Banking Group reports that two-thirds of Irish property loans will unlikely be repaid in full, up from 53% at the end of 2010.