New deutsche bank ceo faces pressure over strategy. Deutsche Bank still lacks a coherent strategy, analysts say, after Germany’s largest lender installs retail banking veteran christian sewing as its new chief executive. Ciara Lee reports.
Deutsche Bank also reduced its iron ore price forecasts for 2016 and 2017 and suggested that $36 per ton is the floor for Australian producers and that $26 per ton is the absolute floor. Credit Suisse, on the other hand, is taking a more bullish stand at a long-term iron ore price forecast of $50 per ton.
Former Clayton Holdings execs band together to found new due diligence firm Former Clayton CEO launches European due diligence and risk. – Former Clayton CEO launches European due diligence and risk company By Joanne Atkin in company news 15th May 2018 0 fortrum BV, a new pan-European risk audit and due diligence firm, has been launched by a UK and Dutch joint venture.
The analysts added that the increase in refinance rates since the beginning of August is likely to hasten this process. HARP Speeds Near Peaks? Meanwhile, the August prepayments for loans that qualify for the Home affordable refinance program (harp) are expected to rise 8%, which looks to be the peak in constant prepayment rates on the HARP coupons.
“The successful re-engineering of that programme has been the biggest prepayments story of 2012,” says Steven Abrahams, mortgage strategist at Deutsche Bank. expect a drop in refinancing activity.
Bank of America will pay $9.33 billion to resolve a mortgage securities dispute with the Federal Housing Finance Agency over allegedly faulty mortgage-backed securities sold to Fannie Mae and Freddie Mac, USA Today reported March 26.
Blackstone to sell bonds backed by lease payments Blackstone to sell bonds backed by lease payments – Mortgage. – Steve Schwarzman’s Blackstone Group LP is now planning to sell bonds backed by lease payments. What Lurks in Bonds Tied to Subprime Autos Anyone’s Guess – Auto debt outstanding rose to a record $919 billion at the end of June, according to Federal Reserve data compiled by Bloomberg.
The dollars outstanding of the combined HARP- eligible collateral for Wells, Chase and Citi is less than that of Bank of America. The combination of all other lenders accounts for about 70%.
Deutsche Bank AG. the pressure builds.” Fewer than 30 percent of analysts covering Goldman Sachs recommended buying the stock in each of the past two months, the lowest figure in a decade,