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The lawsuits alleged that banks including Bank of America and Goldman Sachs — acting as remarketing agents on the securities — failed to get the best rates for issuers.
September 22 -
The private equity firms accused the bank of concealing key changes to a credit agreement, in part because it wanted to win future muni bond business from Brightline Holdings.
September 21 -
The impact on things like servicing rights would raise costs even for lenders that aren't banks, according to Mortgage Bankers Association President and CEO Bob Broeksmit. Others disagree.
September 14 -
Despite an industrywide rough patch, EverBank still sees promise in the niche business line. The Jacksonville, Florida, company has hired a pair of prominent industry experts to lead a new division tasked with serving investment funds.
September 14 -
But at the same time, the publicly traded company is selling off another type of housing finance asset to some large depository institutions.
September 13 -
The proposed rule would make it virtually impossible for lenders to enter into routine hedging transactions.
September 12 -
Regional banks may soon favor CLOs again while proposed rules could draw banks to the market long-term.
September 8 -
The decision by the 2nd U.S. Circuit Court of Appeals in Manhattan came in a securities fraud lawsuit brought by a trustee for note purchasers in a 2014 syndicated loan deal led by JPMorgan Chase.
August 24 -
Banks are committing financing for a slew of new deals, while investors clamor for syndicated loans as interest rates rise.
August 19 -
Moody's said higher funding costs, a potential decline in bank capital and growing risk in the commercial real-estate industry prompted many of the downgrades.
August 8