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...At the same time, they have suffered from high energy costs compared with continental rivals and challenging market conditions. British Steel has previously said it was losing £1mn a day....
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...“We want to increase our origination efforts in continental Europe, in particular on the private credit side,” he said....
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...US regional banks that frankly most Europeans had never heard of but were the size of several continental national champions were dying off as the sharp rise in interest rates exacted a heavy toll....
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...So you’re now seeing more and more competition between banks and private credit for the business of lending to companies. And that’s leading to falling prices on loans....
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