Edition:
International

Mariana Ionova

Ivory Coast bank woes threaten to slow early cocoa purchases

Aug 20 2018

ABIDJAN/LONDON Poor liquidity within Ivory Coast's banking system caused by the collapse of the top cocoa producer's largest domestic exporter risks hindering exports at the start of the upcoming main crop, exporters and bank officials said.

EU farmers rush to plant sugar, free to seek exports as quotas end

Mar 28 2017

LONDON/PARIS EU farmers are ramping up production of sugar beet this year when they will be freed at last to grow as much as they want and sell it globally, after a decade of strict output quotas and export limits.

UK farmers hold onto cash, cut investment on Brexit uncertainty

Feb 22 2017

LONDON British farmers are holding back on big investments as they brace for the UK's exit from the European Union, their largest market and a vital source of subsidies.

Deutsche Bank looking to cut back U.S. mortgage securitization - sources

Nov 18 2016

FRANKFURT/LONDON Deutsche Bank is looking to cut its loan securitization business further starting with repackaged U.S. mortgages, two people familiar with the matter said, as the lender braces for a large fine in the United States for alleged mis-selling of such debt.

Deutsche Bank looking to cut back U.S. mortgage securitization: sources

Nov 18 2016

FRANKFURT/LONDON Deutsche Bank is looking to cut its loan securitization business further starting with repackaged U.S. mortgages, two people familiar with the matter said, as the lender braces for a large fine in the United States for alleged mis-selling of such debt.

Northern Rock sale good value but lessons to be learned

Nov 09 2016

LONDON, Nov 9 (IFR) - The UK government achieved value for taxpayers with the sale of £13bn in Northern Rock legacy mortgages last year but lessons remain to be learned from the process, a committee tasked with evaluating the deal concluded on Wednesday.

Euro CLOs touch new lows as French insurance bid deepens

Oct 13 2016

LONDON, Oct 13 (IFR) - A deepening bid from big-ticket buyers in Europe, Japan and the US has driven European senior CLO spreads to a fresh low of 110bp, with some managers eyeing even tighter prints.

Permanent TSB lines up Cerberus for UK buy-to-let sale - sources

Oct 04 2016

LONDON, Oct 4 (IFR) - Ireland's Permanent TSB is nearing an agreement to sell the remainder of its Capital Home Loans mortgage portfolio to Cerberus Capital Management, according to three people with knowledge of the situation.

Bradford & Bingley bond call could pave way for sale

Aug 19 2016

LONDON, Aug 19 (IFR) - The UK government called some £3bn in legacy bonds backed by Bradford and Bingley mortgages on Friday, potentially paving the way for the sale of the underlying assets.

Norinchukin leaps back into European CLOs - sources

Jul 22 2016

LONDON, July 22 (IFR) - Norinchukin Bank made its hotly anticipated return to the European CLO market with its first investment in the asset class since the global financial crisis, according to people familiar with the matter.

World News