Bovis Homes Launches New Mortgage With Barclays
9th Jun 2010 11:48
LONDON (Dow Jones)--Bovis Homes Group PLC (BVS.LN), company involved in designing, building and selling homes for both private and public sector, announced Wednesday the launching of a new innovative mortgage product in partnership with Barclays PLC (BARC.LN). MAIN FACTS: -To support its cus
Read moreUPDATE: RBS Plans 3-Yr Euro Covered Bond At Swaps +125 Area
9th Jun 2010 09:31
(Adds background, details, comment) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS) is planning its first ever issue of covered bonds, a syndicate official at the bank said Wednesday. Guidance on the three-year, euro-denominated deal ha
Read moreAareal Bank Plans EUR500M 2013 Covered Bond
9th Jun 2010 09:20
LONDON (Dow Jones)--Aareal Bank (ARL.XE) of Germany is planning to issue a 2013-dated EUR500 million covered bond, one of the banks working on the deal said Wednesday. Barclays PLC, DZ Bank, HSBC Holdings PLC, Landesbank Baden-Wuerttemberg and UniCredit SpA have been hired as joint-lead managers
Read morePRESS RELEASE: Moody's Assigns (P)Rating To Barclays Index Linked Coupon Notes
9th Jun 2010 02:43
The following is a press release from Moody's Investors Service: AUD [50] million of debt securities affected Hong Kong, June 09, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [50,000,000] Index Linked Notes due [10 August 2016], S
Read morePRESS RELEASE: Moody's Assigns (P)Rating To Barclays Index Linked Coupon Notes
9th Jun 2010 02:40
The following is a press release from Moody's Investors Service: AUD [50] million of debt securities affected Hong Kong, June 09, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [50,000,000] Index Linked Notes due [24 August 2016], S
Read moreUPDATE:EXTRA CREDIT: Consumer Loan-Backed Mkt Grinds To Halt
8th Jun 2010 21:14
(Adds description of the bonds in first paragraph.) By Anusha Shrivastava A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--Not a single new consumer loan-backed bond has been sold in two and a half weeks, as broader market volatility and regulatory changes have muffled the $700 billion
Read moreEXTRA CREDIT: Consumer Loan-Backed Market Grinds To A Halt
8th Jun 2010 20:19
By Anusha Shrivastava A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--There's a deafening silence in the consumer loan-backed bond market as broader market volatility and regulatory changes have muffled the sale of new issues, which help credit flow in the economy. No new bonds have b
Read moreUPDATE:Barclays's Diamond Says Banks Need Derivatives To Compete
8th Jun 2010 20:04
(Updates throughout with background, new information from speech) By Joe Bel Bruno Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Barclays PLC (BCS) President Robert Diamond said Tuesday stripping derivatives desks from banks would put U.S. institutions at a disadvantage. Diamond said la
Read moreBarclays's Diamond Says Banks Need Derivatives To Compete
8th Jun 2010 19:07
By Joe Bel Bruno Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Barclays PLC (BCS) President Robert Diamond said Tuesday stripping derivatives desks from banks would put U.S. Institutions at a disadvantage. Diamond said lawmakers should not give in to "populist" calls that make a financial
Read morePRESS RELEASE: S&P Affirms Ratings On 2 Covered -2-
8th Jun 2010 17:57
55 Water Street, New York, NY 10041; (1) 212-438-7280 or by e-mail to: [email protected]. Copyright (c) 2010, Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. (END) Dow Jones Newswires June 08, 2010 12:57 ET (16:57 GMT)
Read morePRESS RELEASE: S&P Affirms Ratings On 2 Covered Bond Programs (June 8, 2010)
8th Jun 2010 17:57
The following is a press release from Standard & Poor's: OVERVIEW -- Today's rating actions follow the application of our revised criteria for assessing asset-liability mismatch risk in covered bonds. -- We have affirmed and removed from CreditWatch negative our 'AAA' ratings on Spain-ba
Read moreLondon close: Footsie at 2-week low
8th Jun 2010 16:14
London fell for the third session in a row Tuesday, damaged by a further slump at BP and as a wave of selling sank the banking sector. Comments from ratings agency Fitch about Britain's "formidable" budget deficit didn't go down well, but it was BP that stood out, hitting a 20-month low as the flow
Read moreUPDATE:Morgan Stanley Asia Pacific M&A Head To Join Barclays-Source
8th Jun 2010 16:10
(Adds details of deals King was involved in.) By Amy Or Of DOW JONES NEWSWIRES Morgan Stanley's (MS) head of mergers and acquisitions for Asia Pacific excluding Japan, Edward King, has left the U.S. bank to join Barclays PLC (BCS, BARC.LN), a person familiar with the situation said Tue
Read morePRESS RELEASE: Moody's Upgrades Ratings Of Standard Life Bank To Aa3
8th Jun 2010 15:56
The following is a press release from Moody's Investors Service: London, 08 June 2010 -- Moody's Investors Service has today upgraded the long term A2 debt/deposit ratings of Standard Life Bank plc ("SLB") to Aa3, the same level as Barclays Bank PLC ("Barclays"). In the same rating action, the su
Read moreMorgan Stanley Asia Pacific M&A Head King To Join Barclays-Source
8th Jun 2010 15:53
Morgan Stanley's (MS) head of mergers and acquisitions for Asia Pacific excluding Japan, Edward King, has left the U.S. bank to join Barclays PLC (BCS, BARC.LN), a person familiar with the situation said Tuesday. King is expected to take up a similar position at Barclays when he rejoins his form
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