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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Greg Medcraft, managing director and global head of securitization at Société Générale, is leaving the firm after 27 years.
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Moody’s Investors Service will be cutting its workforce companywide after posting a 7% decline in net income for the quarter ending Sept. 30.
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Mortgages plc, the specialist U.K. non-conforming mortgage subsidiary of Merrill Lynch, is cutting approximately 20% of its 325-strong workforce.
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UBS made an operating loss of CHF726 million ($625 million) in its third quarter after taking "substantial losses and writedowns" on trading positions in the U.S. subprime residential market worth CHF 4.2 billion ($3.6 billion).
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Bank of America has cut 500 jobs from its capital markets business, according to sources familiar with the situation.
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Defence and aerospace company BAE Systems has named Paul Tattersall v.p. of trading and services of its asset management effort.
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Five lenders, UBS, JPMorgan, Bear Stearns, Wachovia and Column Financial made cuts to their commercial mortgage-backed securities origination groups this week.
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Institutional Credit Partners plans to significantly expand its brokerage business, even as firms across the Street are shedding personnel by the thousands.
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Credit Suisse has hired Duncan Macaulay as a managing director and head of real estate in the Middle East.