The Ballad of 'Large Loan' Verrone BusinessWeek During the boom, Wachovia banker Robert Verrone made money by slicing and dicing billions of dollars in commercial real estate loans. ...
Carolina Alliance Bank names new executive Spartanburg Herald Journal First National's board said it hired Mason, based on his experience, to help the bank recover from capital losses tied to bad real estate loans along the ...
Recent IPO Filings Trading Markets (press release) 08/27 Velocity Commercial Capital Inc. (Westlake Villa $175.0 Focuses primarily on originating and acquiring SBCRE loans. # # # This information is provided ...
London Pinnacle Tower Owner Said to Be in Lease Talks BusinessWeek Most need to get tenants in place before they can get loans for construction. The Pinnacle is the only new City office building in the works that's ...
Dubai World Gets Approval for $24.9 Billion Debt Plan San Francisco Chronicle Dubai World and its main creditor banks agreed in May to restructure $14.4 billion of bank loans and $8.9 billion of government liabilities to resolve a ...
Ireland debates bank-bailouts, awaits EU ruling Las Vegas Sun The latter bank limited its exposure to loans to commercial property developers and is not receiving state aid. The EU has yet to decide whether the latest ...
Dubai World wins over most creditors to debt plan Al-Arabiya (press release) (subscription) The other two are local lenders Emirates NBD and Abu Dhabi Commercial Bank. The challenge since then has been getting dozens of smaller banks to agree to ...
India's external debt at $261.5 bn Financial Express The rise is largely attributed to long-term components namely external commercial borrowings, NRI deposits and Special Drawing Rights (SDR) allocation by ...
Union Accuses China of Illegal Clean Energy Subsidies Gainesville Sun But the United States government has long depended on companies to gather commercial information for trade cases, and companies have been hesitant to do so. ...
Top lenders to sit out bank-takeover boom Columbus Dispatch US Bancorp, ranked fifth by deposits among commercial banks, acquired at least 10 banks since the credit crunch started, while PNC is sixth after buying ...
