Hints and tips:
Related Special Reports
...Companies are lobbying for credits for the reduction of plastic pollution to be allowed in the first legally binding UN plastics treaty, despite concerns by environmental groups that it will fund solutions...
...To get the merger approved, Capital One is making a case that there is little overlap between the two banks’ credit card businesses....
...The Spac was helmed by Adam Gishen, Thiam’s top lieutenant at Credit Suisse, who served as chief executive....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...The credit rating agency confirmed it has selected a new space near St Paul’s Cathedral, subject to completing the deal for the new premises....
...There are still no signs of dividends for WAG Payment Solutions shareholders....
...But it is department stores, rather than lenders, that may have most to lose as the credit cycle sours. The biggest of these — Macy’s, Nordstrom and Kohl’s — do not own their credit card portfolios....
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...The board said short-term credit or overdrafts, swing pricing and anti-dilution levies could add to fund expenses, while broker costs could increase when the firm seeks an extension of the T+1 settlement...
...The consortium pools credit risk data and publishes it as a resource for public use....
...This would mean getting the issue in front of regulators with a proposal to amend the credit rating agencies regulations to make the comprehensive consideration of covenant quality mandatory....
...The deals are often complex and companies increasingly want sophisticated financing solutions....
...That includes the use of batteries, hydrogen, water or other solutions to store electricity....
...The grand Zurich hotel — which dates back to 1838 and sits proudly on Paradeplatz — came into UBS’s possession when it took over Credit Suisse....
...“Everyone is losing sight of the fact that this market is too big for just private credit or banks.” Additional reporting by Sun Yu...
...doesn’t really know what it wants here — if they wanted jobs, it would have mollycoddled Anglo 30 years ago instead of attacking them nonstop,” said Peter Major, director at Mining for Modern Corporate Solutions...
...Since the collapse of several large US regional lenders last March, Blackstone has been buying assets from banks and managing them on behalf of its credit and insurance clients....
...The merger would reduce the ranks of the top 10 US credit card companies, leaving fewer options for consumers....
...Handily, they have a solution!...
...Instead, the 62-year-old Weightman is, in his own words, seeking to “redefine the private credit landscape”....
...Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup....
...credit.”...
...Other lenders were also disenchanted with Atos’s situation but more inclined to proceed with refinancing and find a solution by extending fresh funds, the people close to the talks said....
...Robertshaw, however, took the opposite view in its filing, writing that it “became clear that Invesco abandoned any pretence of good faith negotiations over any solution other than a Chapter 11 filing”,...
...The 2023 Federal Reserve Small Business Credit Survey shows that the share of loan, line of credit and cash advance applicants that were fully approved rose to only 53 per cent in 2022 from the 46 per cent...
International Edition