Latest news
Latest news
Octopus Electric Vehicles has also added to its capital markets team
More articles
More articles
-
The U.K.’s Financial Services Authority and the Swiss Financial Market Supervisory Authority are planning to conduct an independent investigation into UBS’ losses stemming from alleged unauthorized trades by Kweku Adoboli.
-
The U.S. Securities and Exchange Commission has unanimously voted to propose a plan aimed at eliminating the types of conflicts that were at the center of a lawsuit against Goldman Sachs over its ABACUS 2007-AC1 collateralized debt obligation.
-
Citigroup is said to be looking to unwind more than $2.2 billion in collateralized loan obligations it created as part of its plan to dispose of collateral held in Citi Holdings, the “bad bank” it set up.
-
Bank of America is said to be considering bankruptcy for its Countrywide Financial unit if losses from litigation against the troubled lender could hurt the parent company.
-
Deutsche Bank is losing a second top securitization staffer with the departure of Cyril Courbage as managing director and head of European real estate.
-
Proposed financial regulations by the Independent Commission on Banking have prompted Santander to postpone an initial public offering of 20% of its U.K. operations until 2013 at the earliest.
-
DBRS has expanded its European structured finance group with the hiring of David Sánchez Rodríguez as an assistant v.p., focusing on Spain and Germany.
-
Collateralized loan obligation veteran Paul Travers has joined Onex Credit Partners as a portfolio manager focusing on the firm’s par and long-only loan strategies.
-
John Mack will step down as chairman of Morgan Stanley at the end of the year, but will remain with the firm in a part-time capacity as a senior adviser.