The Federal Home Loan Banks have priced a $3 billion, 5.000%, two-year global bond due Feb. 20, 2009.The issue (CUSIP: 3133XJXU7) was priced at 99.901 to yield 5.052%, or 17 basis points higher than comparable Treasury notes. The settlement date is Feb. 15. Barclays, Credit Suisse, and Goldman Sachs are the joint lead managers for the transaction.
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Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
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At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
8h ago -
Gary Farro's testimony focused on both the banking activity of Michael Cohen, a former Trump attorney who paid $130,000 to an adult film actress in 2016, and First Republic Bank's due diligence work.
May 5 -
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
May 3 -
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.
May 3 -