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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Bank of New York Mellon is said to have decided against putting up its Alcentra unit for sale.
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BMO Capital Markets has expanded its real estate investment-banking team with the hiring of Mark Decker as managing director and group head.
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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.