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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The World Bank’s International Finance Corp. unit for the first time is investing in hedge funds, specifically placing $100 million in one that will provide cash to banks that experience unexpected losses from loans in exchange for a cut from the bank.
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Goldman Sachs has been given the green light to expand its collateralized loan obligation group in anticipation of a comeback in the sector, according to officials familiar with the matter.
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RBS Securities has hired Pat Beranek as a managing director on its asset-backed securities trading desk where he will be responsible for trading non-mortgage ABS.
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BNP Paribas has revealed details of its funding structure as a way to calm jittery investors.
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HSBC Holdings said it plans to slash an estimated 3,000 jobs in Hong Kong over the next three years as it takes steps globally to reduce costs and boost profitably.
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James Campbell, former director of servicer oversight at Deutsche Bank, has left for a new post at Vericrest Financial, the renamed servicing arm of CIT Group.
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MBIA has agreed to pay $68 million to settle lawsuits brought by investors charging the bond insurer with misleading shareholders about its exposure to mortgage-backed securities.
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Bank of America has ousted Joe Price and Sallie Krawcheck as heads of consumer banking and wealth management, respectively, as part of CEO Brian Moynihan’s plan to streamline management.
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International law firm Walkers has formed an insurance-linked securities group, which will advise clients on legal and practical aspects of trading, financing and securitizing risk involving Cayman Islands and Irish entities.