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...In 2021, he hired three former Goldman partners — Paul Russo, Scott Rofey and Jeffrey Verschleiser — to lead the risk management of the firm’s equity, macro and rates, and credit divisions respectively....
...But owners of AT1 bonds in countries including Japan, China, Singapore and South Korea have seized on the treaties to prepare lawsuits against Switzerland over the state’s role in wiping out Credit Suisse...
...Kerry retired as US climate envoy earlier this year but was instrumental in a plan for poorer countries to issue carbon credits to companies in return for funding to help nations shift away from fossil fuels...
...that the departures would “create a range of issues” for Barings and attaching a term sheet offering to buy the credit business....
...But Griffin has remained relatively optimistic about investing in the country....
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...UBS put the business up for sale after taking control of Credit Suisse when it collapsed last year. It already has a securities unit in mainland China and cannot hold two licences....
...Friday interview: Armen Panossian Credit markets are booming. Investor demand for public corporate credit seems insatiable and private credit is the asset class of the moment....
...Will Xi Jinping’s pivot to high-tech manufacturing be enough to boost the country’s economy?...
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...The merger would reduce the ranks of the top 10 US credit card companies, leaving fewer options for consumers....
...Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup....
...obliviousness offered by private BDCs and other nontraded private credit vehicles....
...Still, buyers’ remorse often sets in when the credit card bill arrives....
...Many of the country’s EV developers, including the world’s biggest by sales, BYD, also have in-house teams developing advanced driver-assistance systems, a precursor to autonomous driving....
...Moody’s has cut New York Community Bancorp’s credit rating to junk, citing “high governance risks” and the potential for commercial real estate losses to create “confidence sensitivity”....
...Some analysts have noted Opec+ countries will ease their production restrictions if prices rise above $100 a barrel, in order to avoid further erosion of their market share....
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...But for those in Miami for JPMorgan Chase’s annual credit conference this week, nothing was more enticing than a panel discussion on liability management exercises....
...True, the proposed deal would bring together the country’s two largest standalone supermarket operators....
...And look, it’s a free country....
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