East West Commercial Real Estate

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