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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Douglas Flint, chairman of HSBC, says regulators should increase the list of banks determined to be systemically important in the U.K. to more than 80 beyond the current 20 to 30.
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UBI Banca, the Italian lender, says it is planning a rights issue to raise €1 billion ($1.4 billion) in fresh capital to meet an 8% Tier 1 core capital ratio required by the Basel Committee on Banking Supervision.
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Nordea Eiendomskreditt, a unit of Norway’s Nordea Bank, has sold $2 billion of Norwegian legislative covered bonds through a private Rule 144a placement.
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Barclays is said to be in advanced stages of investigating a possible move of its headquarters from the U.K. to the U.S.
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BNP Paribas is said to have set its sights on acquiring IKB Deutsche Industriebank from Lone Star Funds, the U.S. private equity fund.
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The American Securitization Forum expanded its advocacy ranks this week, hiring Jim Johnson as managing director of public policy in its newly minted Washington office.
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A federal judge in New York has dismissed lawsuits brought by investors against Bank of America’s Merrill Lynch unit to force the bank to bring charges against officers and directors for their role in risky investments in collateralized debt obligations.
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Moody’s Investors Service has downgraded most of $4.1 billion of Alt-A residential mortgage-backed securities issued by Countrywide Financial.
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The Federal Deposit Insurance Corporation has the market scrambling to understand an addition to its risk retention and qualified residential mortgage proposals, passed unanimously by the board Tuesday, that will force non-QRM deals to be structured with a “premium capture cash reserve account.”