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
-
William Galvin, the secretary of the commonwealth of Massachusetts, has issued a subpoena to Bank of America relating to its role in two collateral loan obligations, which resulted in a $150 million in loss for investors.
-
Joseph Smith, the North Carolina commissioner of banks, has been tapped to oversee the $25 billion settlement between government officials and major lenders over their foreclosure practices.
-
Barclays is slashing bonuses at Barclays Capital, its investment banking unit, by 32% after it reported a 16% decline in full-year net income.
-
German insurer Allianz is planning to double the volume of asset-backed lending over the next three years from 5% to 7% of its portfolio, though it has not set a target amount, according to Nikhil Srinivasan, the firm’s cio, in an interview with a German newspaper.
-
Bank of America has agreed to pay $1 billion to settle claims relating to its Countrywide Financial unit.
-
Infonavit, the mortgage-lender run by the Mexican government, sold a record $392 million in mortgage-backed securities called Cedevis.
-
Residential Capital is said to be exploring the possibility of selling itself to a buyout firm through a prepackaged bankruptcy.
-
The U.S. government reached a $25 billion settlement with the nation’s five largest mortgage loan servicers to provide relief to homeowners struggling with their mortgages, as well as payments to the federal and participating state governments.
-
Spain’s CaixaBank has priced its five-year EUR1 billion ($1.32 billion) covered bond at 248 basis points above midswaps.