Latest news
Latest news
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
Key points of contention include the investor sanctions regime and the definition of 'resilience'
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Crédit Agricole has appointed Sébastien Domanico as head of global markets for Europe, the Middle East and Africa, just weeks after he was picked to lead a different division at the bank.
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Clifden IOM No.1, the controversial hedge fund headed by Rizwan Hussain, is being wound up following a court order issued on July 2.
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HSBC’s Doody moves to New York — LCH hires Créd Ag’s Girolami — Mizuho chooses Slavinskiy for EMEA IB
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The co-head of HSBC’s global capital markets business is moving to New York as the bank looks to win more market share in US leveraged finance.
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Metro Bank has successfully offloaded a mortgage portfolio to Cerberus, is planning to raise debt capital for its minimum requirements for own funds and eligible liabilities (MREL), and is finding a new chair to replace founder Vernon Hill, it said in its second quarter results on Wednesday.
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Santander Group has appointed heads to several leadership positions for both its US bank and consumer lending units, including Timothy Wennes, who will serve as the president and CEO the Spanish bank's US subsidiary.
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Metro Bank confirmed on Monday that it was planning to sell a portfolio of loans, following a report over the weekend from Sky News, with Cerberus in the frame to buy back the same Capital Home Loans mortgages it sold to Metro in 2017.
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Waterfall Asset Management’s 2017 NPL securitization of Creval loans, Elrond NPL, has been downgraded as collections fell short of expectations. Scope Ratings said that cumulative collections were only 75% of those in the original business plan, with cash still stuck in challenging court processes.
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Santander has hired a senior securitization banker from StormHarbour Securities as head of its continental European securitization team, working on both public and private placements as well as advising on significant risk transfer (SRT) deals.