Latest news
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Investor previously headed consumer ABF at Barings
Norton Rose also recruits experienced partner from Paris law firm to its structurization team
Asset manager's AUM could grow $20bn in 10 years
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The Royal Bank of Scotland is said to be planning a £1.4 billion ($2.16 billion) 12-year sterling-denominated covered bond.
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Spain’s Banco Bilbao Vizcaya Argentaria said it will write down EUR1 billion ($1.28 billion) from its 2011 balance sheet in its U.S. unit because of prospects of weak growth.
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William Dudley, president of the Federal Reserve Bank of New York, has been named chairman of the Bank for International Settlements’ Committee on the Global Financial System for the next three years.
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Banco Santander may sell more non-core assets to help it raise its capital ratio to 10% by June, according to José Antonio Alvarez, the Spanish bank’s cfo.
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Philipp Hildebrand has resigned as chairman of Swiss National Bank after revelations that his wife had made currency trades three weeks before the central bank capped the Swiss franc.
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Virgin Money has named Mark Parker as coo of the bank, which has grown in size with the takeover of part of Northern Rock on Jan. 1.
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Wells Fargo is said to have named Charles Mather to succeed Chris Campbell as head of commercial mortgage-backed securities trading.
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Morningstar hired Gregory Murdock to the post of director of Commercial Mortgage-Backed Securities Investor Services.
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European banks are stepping up their sale of covered bonds as a financing alternative.