Latest news
Latest news
Norton Rose Fulbright and Katten have added to their legal teams
Asset manager wants to offer more products to institutional investors
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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.
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Credit Suisse is said to be planning to slash an additional 1,000 on top of the 2,000 positions it has already announced would be eliminated.
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The Blackstone Group and Wells Fargo are said to have agreed to buy an estimated $600 million U.S. commercial property loans from Allied Irish Banks.
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Santander is said to have suspended plans for a sale of EUR2 billion in foreclosed assets after failing to attract high enough bids.
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The European Banking Authority rules that assign stricter risk weights to mortgage assets are hurting Nordic banks more than regulations in their respective nations.
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Nebraska-based outdoor retailer Cabela’s says its Credit Card Master Note Trust has completed the sale of $300 million of asset-backed notes, Series 2011-IV.
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BNP Paribas and Société Générale have picked up the pace of cuts in trading books to avoid having to rely on shareholders or government for help.
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Wells Fargo Securities and RBS Securities are said to be preparing to offer $1 billion in commercial mortgage-backed securities tied largely to retail and hotel buildings.
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Charles Haldeman is planning to step down as ceo of Freddie Mac but says he will stay on until a successor is found.