Latest news
Latest news
Deal raises questions about whether transaction was done at arm's length
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'
More articles
More articles
-
Chicago-based LaSalle Investment Management has named Roberto Carrera as head of European financing.
-
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.
-
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.
-
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.
-
Glen Moreno is planning to retire as deputy chairman and senior independent director of Lloyds Banking Group, effective in May.
-
The Central Bank of Ireland has appointed Lars Frisell as director of economics and chief economist, effective June 1.
-
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.
-
The Royal Bank of Scotland reduced the size of its commercial real estate loan portfolio by 14% in 2011 for a total reduction of 25% over the past three years.
-
Dire predictions of the implications for covered bonds of imminent US legislation may have been overblown, bankers and lawyers have told EuroWeek. They said that the proposed Volcker Rule may not hit covered bond structures that use SPVs, as industry bodies fear.