Latest news
Latest news
Octopus Electric Vehicles has also added to its capital markets team
More articles
More articles
-
Irish Bank Resolution Corp. has sold a $3.3 billion commercial real-estate portfolio to Wells Fargo.
-
Ally Financial has signaled that it would not sign-on to a proposed settlement of charges over foreclosure practices because the charges on the firm would be disproportionate to its exposure, according to Michael Carpenter, the lender’s ceo.
-
Allied Home Mortgage has been sued for allegedly engaging in fraudulent lending practices that resulted in thousands of borrowers losing their homes and costing the U.S. government more than $834 million insurance claims.
-
Antonio Horta-Osorio, ceo of Lloyds Banking Group, is taking a temporary leave of absence due to illness. He is expected to return before the end of the year.
-
An administrative law judge has dismissed a case brought by the U.S. Securities and Exchange Commission against two former executives of State Street for allegedly misleading investors about a fund’s exposure to subprime mortgages.
-
A settlement between state attorneys general and top five mortgage servicers over foreclosure practices is near, according to the office of Iowa Attorney General Tom Miller, who is leading the negotiations.
-
Jefferies has hired commercial mortgage-backed securities veteran Christian Janssen as managing director and head of commercial real estate debt capital markets in Europe.
-
Australia’s Basis Yield Alpha Fund has filed suit against Goldman Sachs over losses it suffered from its investment in Timberworld 2007-1, the collateralized debt obligation sold by the investment bank.
-
JPMorgan Chase denies charges by four collapsed corporate credit unions that it mislead them about the risks of mortgage-backed securities sold by the bank.