Countrywide Financial is on the verge of agreeing a $2bn (£1bn) cash injection from Bank of America.
Shares in the biggest US mortgage lender have halved in value this year as a result of the sub-prime market turmoil, but rose by 20% yesterday in after-hours trading.
Urban Splash’s housebuilder arm House has appointed former director of RIBA North Suzy Jones as director of a new division.
Oxford Properties Group has shaken up its European and Asia Pacific leadership team with new roles for Paul Brundage, Joanne McNamara and David Matheson.
Vastint UK has snapped up an 8.5-acre site in Cardiff city centre from the council as part of its plans for a 40-acre development.
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