Hints and tips:
...Europeans were hit harder by recent rate hikes than Americans because they have more mortgages and other long-term loans with floating rates....
...However, standards would deteriorate for households with mortgages and those on benefits as mortgage rates remain high and state support for living costs will be cut....
...The loan on 1290 Avenue of the Americas was initially made by Deutsche Bank, UBS, Goldman Sachs and the state-owned Bank of China, but they sold it into the bond market in 2012, as a commercial mortgage-backed...
...But they are reducing the amount of risk they will take on the mortgage with a loan-to-value ratio typically capped at 50 per cent depending on the client and tenant....
...trustee services provider....
...The basic mechanics of CMBS remain much the same as they were in those early deals. Lenders — often banks — originate loans that are then sold to a trust....
...It is a separately capitalised US bank holding company that acts as an administrator, trustee and custodian for all sorts of securitisations....
...trading activity at investment bank (FT) Columbia Property Trust explores sale (WSJ) Novartis offloads part of Sandoz generics business in US (FT) Deutsche Bank courts New York hedge funds after cuts...
...The company’s brief ownership of WMC led to civil lawsuits as well as the DoJ investigation, although it has reached a settlement over the largest claim, from Deutsche Bank....
...Instead, they shoulder financial risks on loans that are underwritten by commercial mortgage companies....
...As girls hit their teens, they spend an average of £2.80 a week more than boys, according to figures published by the Office for National Statistics....
...And within a couple of years Deutsche was back as Mr Trump’s go-to lender, continuing a relationship that has endured for decades, even as other big banks have deserted the litigation-prone developer....
...The DoJ wants to extract as much as $14bn from Deutsche but the bank is holding out for a much lower penalty....
...Investment banks repackaged those loans as mortgage-backed securities and collateralised debt obligations, and then lied about their quality when selling them on to investors around the world....
...There was no overt justification for the US rules, which imposed large costs on Deutsche Bank in particular....
...on, say, Citi or Deutsche, as opposed to IndyMac or Banco Espirito Santo.)...
...George Buckley, Chief UK Economist, Deutsche Bank The tightening up of tax incentives for buy to let — whether it be by limiting tax deductibility of mortgage payments/repairs or the planned rise in stamp...
...Unlike the residential or commercial mortgage markets, there had not been a disaster in bank energy lending for many years....
...His efforts won Yunus and the bank a joint Nobel prize in 2006 — for peace rather than economics. “Yunus’s long-term vision is to eliminate poverty in the world,” the jury concluded....
...For example, it could decide that banks need to hold more capital against residential mortgages in general, or just those with high loan-to-value ratios or high loan-to-income ratios....
...That spells trouble for banks such as Barclays or Deutsche Bank as they try to introduce “The Barclays Way” or Deutsche’s six new corporate values (“integrity”, “innovation”, “discipline” etc)....
...Royal Bank of Scotland grew out of National Westminster Bank and later ABN Amro; Deutsche grew out of Morgan Grenfell and Bankers Trust; JP Morgan Chase – Bank One, Chemical Bank, scrappy Bear Stearns, Washington...
...Deutsche Bank unit dB x also offers a European Reits ETF, but it uses indirect replication and trading volumes in London are thin....
...In one deal that does echo that phenomenon, Deutsche Bank recently created an internal CDO that bundled pieces of old CDOs and other assets, so as to sell a €110m slice of the risk, but that was a bespoke...
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