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
More articles
More articles
-
UBS's merging of its investment grade, high yield and loan operation will see the business run under one banner headed by Brendan Dillon and Sean Dowd in the U.S.
-
TIAA-CREF has recently added three mortgage-backed securities analysts, replacing departures from last year.
-
Société Générale expects to write down €2.05 billion ($3.01 billion) in its fourth quarter results due to subprime-related exposure, joining other European banks suffering from the subprime meltdown.
-
Credit Suisse has slashed its European asset-backed business to a team of just four from 24.
-
Deloitte & Touche is said to be restructuring and downsizing its U.S. securitization group, according to a source familiar with the situation.
-
Robert Palache, the head of the European securitization and asset monetization group at Morgan Stanley, has left the firm.
-
Standard & Poor’s today placed on negative watch four AAA tranches from three Ambac-insured collateralized debt obligations as CDO illiquidity continues to plague monoline insurers.
-
Bank of America suffered trading losses of $5.44 billion in the fourth quarter driven by write downs of collateralized debt obligations and general weak trading results.
-
Ambac Financial Group's ratings drop from its highly coveted AAA standing is being viewed as a body blow for the broader market.