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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KGS-Alpha Capital Markets has added a commercial mortgage-backed securities trading team with three arrivals from Citadel Securities.
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Germany’s Commerzbank may struggle to raise nearly EUR3 billion ($4.12 billion) to meet higher capital requirements by next June because of stagnant growth and limited ability to reduce risk-weighted assets, according to Fitch Ratings.
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JPMorgan Chase is said to be planning a $739 million floating-rate commercial mortgage-backed securitization and has already sold the riskiest tranches to investors.
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Citigroup and the U.S. Securities and Exchange Commission have told a federal judge that the proposed $285 million settlement of claims the bank misled investors in collateralized debt obligations is “fair, adequate and reasonable.”
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Starwood Property Trust has boosted its investments in residential mortgage-backed securities as real estate investment trusts look to alternatives for placing their cash. In
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A reported share issue by Bank of America may not solve the bank’s projected $45 billion shortfall by the end of next year, says Richard Staite, an analyst at Atlantic Equities.
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MarketAxess has added non-agency residential mortgage-backed securities and commercial mortgage-
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Andrew Platt, a former asset-backed securities banker at UBS, has joined Cantor Fitzgerald’s financial institutions group.
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The Co-operative Bank has joined NBNK in bidding on the 632 branches of Lloyds Banking Group. Virgin Money is also said to be interested in the branches, which Lloyds needs to sell before November 2013 under European Commission competition regulations.