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Latest news
Octopus Electric Vehicles has also added to its capital markets team
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Lloyds Banking Group is said to have selected private equity firm Lone Star as preferred bidder for a £1.6 billion ($2.14 billion) portfolio of U.K. commercial property debt.
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Denmark’s Nykredit Bank is benefiting from the large-scale deleveraging by its rivals.
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Lord Jacob Rothschild’s RIT Capital Partners is exploring investments in distressed European banks.
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Craig Sedmak is said to have departed from RBS Greenwich Capital as head of commercial mortgage-backed securities trading.
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JPM Names Consumer-Banking CFO JPMorgan Chase has named David Owen cfo for consumer banking.
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Silverstein Properties, the development of the new Seven World Trade Center in New York, is considering an estimated $550 million refinancing that could include roughly $425 million in securitized debt and the balance in Liberty bonds.
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Société Générale is said to be selling $600 million in commercial real estate loans to Macquarie Group.
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Maureen Miskovic has left as chief risk officer at UBS, which she joined in January from State Street.
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Assured Guaranty has added JPMorgan Chase as a defendant in its lawsuit against Bear Stearns for allegedly misrepresenting the due diligence on mortgage-backed securities it sold.