Rabobank Groep, fined 774 million euros ($1.06 billion) last year for rigging interest rates, said it may cut an additional 2,000 jobs at its Dutch operations as part of a plan to reduce expenses by 220 million euros by 2016.
FTI Consulting Inc. , the West Palm Beach, Florida-based provider of forensic accounting services, is marketing debt as yields on speculative-grade company bonds have fallen to the lowest in more than four months.
In early 2007, with subprime-mortgage defaults soaring, Wing F. Chau teamed with Merrill Lynch & Co. to create a $300 million pool of assets that shared a name with the main character in The Matrix movies who discovers reality isn’t what it seems.
European Central Bank President Mario Draghi’s 14-month-old promise to safeguard the euro-region’s recovery is proving to be a more powerful signal for investors than political turmoil in Rome and Washington.
Rabobank Nederland, the Dutch lender that has the highest ratings of any private European bank, is selling the region’s first bank debt capital securities since April which also comply with new regulations.