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31-45 of 2128 results
US regulator imposes fine on US Bank and Santander to settle mortgage servicing issues
By BBR Staff Writer
The US Office of the Comptroller of the Currency (OCC) has slapped fines of around $14m on the US Bank National Association (US Bank) and Santander Bank to settle mortgage servicing-related issues.
Intermediaries > ECN & Exchanges > News
Walter Investment acquires certain assets of RCS and addition of subservicing
By BBR Staff Writer
Walter Investment Management has completed the acquisition of certain assets from Residential Credit Solutions (RCS), a wholly owned subsidiary of American Capital Mortgage Investment Corp, through its wholly owned subsidiary Ditech Financial.
Intermediaries > ECN & Exchanges > News
JPMorgan Chase Bank to pay $48m over mortgage servicing issues settlement
By BBR Staff Writer
JPMorgan Chase Bank will pay $48m to settle mortgage servicing-related issues with the Office of the Comptroller of the Currency (OCC), a division of the US Treasury.
Intermediaries > ECN & Exchanges > News
Asia Commercial Bank to Launch ACB-JCB Prepaid Card in Vietnam
Asia Commercial Bank, a leading commercial bank in Vietnam, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, have announced the launch of ACB-JCB Prepaid Card in Vietnam.
Intermediaries > ECN & Exchanges > News
Genstar Capital and Aquiline Capital partners complete acquisition of Ascensus
Genstar Capital, a San Francisco-based middle-market private equity firm, and Aquiline Capital Partners, a New York-based private equity firm investing in financial services, today announced the completion of the previously announced acquisition of Ascensus, from J.C. Flowers & Co. Terms of the transaction were not disclosed.
Intermediaries > ECN & Exchanges > News
RCS Capital announces appointment of new general counsel
RCS Capital Corporation announced today the appointment of Mason L. Allen as the Company's General Counsel, effective immediately. Mr. Allen succeeds James A. Tanaka, who previously held the position.
Intermediaries > ECN & Exchanges > News
PIMCO slaps lawsuit against Citigroup over defective mortgage-backed securities
By BBR Staff Writer
Pacific Investment Management Company (PIMCO), along with other investors, has filed a lawsuit against Citigroup for allegedly failing to monitor $13.8bn worth of mortgage-backed securities.
Intermediaries > ECN & Exchanges > News
GE to offload $5.8bn worth UK mortgage loans portfolio
By BBR Staff Writer
General Electric (GE) has agreed to divest $5.8bn worth of first lien mortgage loans from its UK home lending business to an investment consortium led by Blackstone.
Intermediaries > ECN & Exchanges > News
Tech startup LISNR accelerated by PowerMoves.NOLA and Morgan Stanley
LISNR, the creator of SmartTones, a new communication protocol that sends data over audio, recently announced that it closed $10 million in Series B funding.
Intermediaries > ECN & Exchanges > News
Deutsche Börse and China Foreign Exchange Trade System to form JV in Germany
By BBR Staff Writer
Trading firm Deutsche Börse has agreed to form a joint venture (JV) with China Foreign Exchange Trade System (CFETS) in Germany, in a bid to bolster the financial relationship between both the countries.
Intermediaries > ECN & Exchanges > News
Standard Chartered to close equity derivatives and convertible bonds business
By BBR Staff Writer
British multinational banking firm Standard Chartered is planning to exit its equity derivatives and convertible bonds business, in a bid to restructure its operations.
Intermediaries > ECN & Exchanges > News
New Zealand government awards banking services contracts
By BBR Staff Writer
Six banks have been contracted to supply all-of-government (AOG) banking services in New Zealand for a period of up to eight years.
Intermediaries > ECN & Exchanges > News
PCS Edventures announces new investor relations partnership and management team changes
PCS Edventures!, today reaffirmed its commitment to building shareholder awareness and providing regular communications to its investors by hiring GreenHouse IG, LLC (GreenHouse) as the company's Investor Relations lead.
Intermediaries > ECN & Exchanges > News
Former silk road task force agent pleads guilty to money laundering and obstruction
By BBR Staff Writer
A former U.S. Secret Service special agent pleaded guilty today to money laundering and obstruction of justice in connection with his theft of digital currency during the federal investigation of Silk Road, an online marketplace used to facilitate the purchase and sale of illegal drugs and other contraband.
Intermediaries > ECN & Exchanges > News
Kenya's national assembly declines finance ministry proposal to raise core capital for banks
By BBR Staff Writer
A proposal put forth by Kenya's finance ministry to raise the minimum core capital for banks to KES5bn ($48.17m) in the next three years has been overturned by the national assembly.
Intermediaries > ECN & Exchanges > News
31-45 of 2128 results