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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Ratings performance of U.S. consumer asset-backed securities would likely be little affected by a double-dip recession, according to Fitch Ratings.
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Wells Fargo, Deutsche Bank and Barclays Capital are offering a total of $1 billion in commercial mortgage-backed securities linked to The Blackstone Group’s $9.4 billion takeover of U.S. shopping centers from Australia’s Centro Properties Group.
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The Federal Reserve is expected to propose rules for systemically important financial institutions “later this summer,” according to Ben Bernanke, the Fed chairman.
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Guggenheim Securities has arranged a collateralized loan obligation-like bond backed largely by loans to young medical, biotech and pharmaceutical companies.
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The Federal Reserve Board has issued a consent cease-and-desist order against Wells Fargo and fined the bank $85 million in connection with subprime loans.
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The Office of the Comptroller of the Currency has released a statement that clarifies language in one of its rules concerning when federal regulations can preempt state law.
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The European Union has unveiled capital requirement proposals for global banks that essentially turn rules adopted by the Basel Committee on Banking Supervision into E.U. law.
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Treveria, a German retail property investor, has extended by one-year a €216 million ($310.34 million) securitized debt facility that was due to mature July 20.
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Members of the British Parliament have called on the Independent Commission on Banking to revisit its reform proposals and address several other concerns.