Bradford and Bingley to sell assets

Article Abstract:

UK financial services firm Bradford and Bingley PLC have made deals with Dexia Belgium and US commercial finance firm GE Real Estate for the sale of low-margin loan assets totaling 4.2 bil pounds sterling. Dexia has purchased social-housing loans valued at 2.2 bil pounds sterling, while GE has bought commercial property loans worth 2 bil pounds sterling.

Commercial Banks, Contracts & orders received, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Contracts & orders let, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, United States, Banking industry, Financial services industry, Contracts, Belgium, Real estate industry, Contract agreement, Bradford & Bingley PLC, Dexia Belgium, Loan sales, GE Real Estate

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HSBC becomes first bank to bail out troubled SIVs

Article Abstract:

HSBC Holdings PLC bails out financially-troubled structured investment vehicles and plans an eventual absorption of the specialized investment funds' assets and losses. Article discusses trends within the capital lending markets and banks' efforts to manage under-performing investment funds.

Europe, Strategy & planning, Forecasts, trends, outlooks, Organizational history, Real estate investment trusts, Real Estate Invest Trusts, Management investment, open-end, Planning, Forecasts and trends, Capital market, Capital markets, Market trend/market analysis, HSBC Holdings PLC, Company restructuring/company reorganization, Reorganization and restructuring, Mutual fund industry, Company business planning, Company organization, Industry forecasts

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