Commerzbank sold $3.2bn of commercial real estate loans to Oaktree Capital and JPMorgan, making headway with its plan to reduce riskier assets.
Any EMEA involvement announced deals for the first half of 2015 by Thomson Reuters.
Any UK involvement announced deals for the first half of 2015 by Thomson Reuters.
The Securities and Exchange Commission has charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited. Deloitte agreed to pay more than $1m to settle the charges.
Any Asia excluding Japan involvement announced deals for the first half of 2015 by Thomson Reuters.
Any Japan involvement announced deals for the first half of 2015 by Thomson Reuters.
Emolument.com has analysed Data from 11,500 banking professionals working in London
Billionaire Saudi Arabian Prince Alwaleed bin Talal has announced plans to give away his $32-billion fortune to charity in order to build a "better world of tolerance, acceptance, equality and opportunity for all."
The average price of an apartment in Manhattan has reached a record high of $1.87m.
Berlin has delivered a blistering attack on Greece’s beleaguered radical prime minister, Alexis Tsipras, accusing him of lying to his own people and seeking scapegoats for the country’s misery everywhere but in his own ranks.
April 2016 highlights:
HSBC has prompted union anger after it began laying off 840 IT workers as part of a £5bn cost-cutting move that will shift UK computer services operations to Poland, China and India.
Hedge fund managers, once viewed as the rockstars of the financial world, are coming under fire by investors for poor performance.