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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Bank of America is said to be looking to get out of the correspondent-mortgage business as it no longer fits into the bank’s long-term strategy.
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Canada Mortgage and Housing Corp. said its mortgage refinance activity plunged roughly 40% after the government introduced tougher mortgage rules earlier this year.
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The Invictus Consulting Group has launched a new service designed to help hedge funds access “hard to obtain forward-looking bank stress test information to determine “whether a bank stock is over, under or fairly valued in relation to its peers.”
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C-III Capital Partners has acquired the commercial real estate special servicing and collateralized debt obligation management businesses of JER Partners.
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The U.S. Securities and Exchange Commission has named Kathy Weiss Hanley as deputy director and deputy chief economist for the SEC’s Division of Risk, Strategy and Financial Innovation.
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Avis Budget Group has completed it has completed an offering of $650 million of asset-backed bonds with a weighted average interest rate of 3.5%.
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BNY Mellon is said to be looking to sell Alcentra, its loan and high-yield bond unit.
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ABN Amro is planning to slash 2,350 jobs over the next three to four years in its ongoing effort to lower costs and improve its capital position.
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Goldman Sachs has cut the pay of its top-level investment bankers in London in accordance with a provision of their employment contract.