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March 17 (Bloomberg) — Colin Dyer, president of Jones Lang Lasalle Inc., talks about the impact of the earthquake and resulting nuclear crisis in Japan on the commercial real estate market. He spoke with Matt Miller on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Jan. 12 (Bloomberg) — William Macklowe, chief executive officer at William Macklowe Co., discusses his recent property deals and the outlook for the commercial real estate market. Macklowe speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)
New Resource Bank Appoints Commercial Relationship Manager
SAN FRANCISCO—-New Resource Bank has appointed Robert Holden senior vice president, commercial relationship manager. He is responsible for business development and relationship management within the Commercial Banking Group.
Read more on Business Wire via Yahoo! Finance
Tygris Completes Brand Transition, Becomes Everbank Commercial Finance
PARSIPPANY, N.J.—-EverBank Commercial Finance, formerly known as Tygris Commercial Finance , today announced its official brand change. The rebranding marks the final stage of the integration process and alignment with parent company EverBank Financial Corp., one of the nation’s largest privately-held financial services companies.
Read more on Business Wire via Yahoo! Finance
HSBC to acquire part of RBS biz in India
Hongkong & Shanghai Banking Corporation announced on Friday that it has decided to acquire the retail and commercial banking businesses of Royal Bank of Scotland Group in India with a gross asset value of $1.8 billion as on 31 March 2010.
Read more on Express India
Credit Still Tight, Fed Governor Says
The level of outstanding credit in the U.S. economy continues to fall as strong and weak banks alike pull back on lending, according to Federal Reserve governor.
Read more on New York Times
ECB lending boosts euro
A second day of lending by the European Central Bank to commercial banks helps to boost the euro.
Read more on BBC News
Commercial Mortgage-Backed Bonds Make a Comeback
Investors have returned to the mortgage-backed market, as commercial property prices are perceived to have hit bottom.
Read more on New York Times
New lending system to make CPs popular
Commercial papers, the money market instruments to raise funds of less than a year, are set to gain popularity with banks shifting to the new base rate regime.
Read more on Business Standard India
Fed’s Duke says bank lending dropping, may lag for years
U.S. bank lending continues to decline even though the banking sector is recovering, and it may be years before lending returns to pre-crisis levels, Federal Reserve Governor Elizabeth Duke said on Wednesday.
Read more on Reuters via Yahoo! News