Commercial Mortgage

Putnam stares down hedge funds on big shopping mall bet

Putnam stares down hedge funds on big shopping mall bet

Published 21/09/2018

BOSTON (Reuters) - Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores [more…]

Hedge fund manager Friedman to list investment fund in London

Published 23/03/2017

U.S. hedge fund manager Emanuel 'Manny' Friedman plans to list a fund in London to invest in asset-backed securities and real estate assets put up for sale as a result of regulatory change in the financial sector.

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U.S. blockchain, securitization industry groups join forces

U.S. blockchain, securitization industry groups join forces

Published 27/02/2017

The Wall Street sign is seen outside the New York Stock Exchange, March 26, 2009. REUTERS/Chip East

The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market.

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CMBS tied to Trump son-in-law sails through market

CMBS tied to Trump son-in-law sails through market

Published 27/01/2017

Jared Kushner, senior advisor to President-elect Donald Trump arrives for the Presidential Inauguration of Trump at the U.S. Capitol in Washington, D.C., U.S., January 20, 2017. REUTERS/Saul Loeb/Pool

By Joy WiltermuthNEW YORK (IFR) - Investors on Friday snapped up a new US$1.11bn commercial mortgage bond backed by a highly leveraged loan to refina

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How Deutsche`s big bet on Wall Street turned toxic

How Deutsche`s big bet on Wall Street turned toxic

Published 23/12/2016

A statue is pictured next to the logo of Germany's Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo

Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the "strongest banks in the world".

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Trump says ex-rival Carson may lead U.S. housing department

Trump says ex-rival Carson may lead U.S. housing department

Published 28/11/2016

Former candidate Ben Carson arrives to attend the third and final 2016 presidential campaign debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton at UNLV in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/Mike Blake/File Photo

U.S. President-elect Donald Trump said on Tuesday he is "seriously considering" former Republican rival Ben Carson to lead the U.S. Department of Housing and Urban Development, which oversees home mortgage lending and other housing programs.

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Deutsche Bank says to solve problems without help from Berlin

Deutsche Bank says to solve problems without help from Berlin

Published 27/09/2016

The headquarters of Germany's Deutsche Bank is photographed early evening in Frankfurt, Germany, January 26, 2016. REUTERS/Kai Pfaffenbach/File Photo

Deutsche Bank (DBKGn.DE) will solve its problems without relying on help from Berlin, Germany's flagship lender said on Monday.

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