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...By September 2023, Weightman began assembling a private credit team, said Corinthia....
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...The first was specific to Klarna, which was redomiciling to the UK ahead of a potential public listing....
...BNP Paribas Asset Management launched its first active ETFs in Europe in February....
...“As a concept, credit-backed gilt repo is really exactly the same as having credit-backed swaps,” said Simeon Willis, chief investment officer at consultancy XPS Pensions....
...Kitao is the founder of Japan’s largest online brokerage, SBI, an institution first set up inside Masayoshi Son’s SoftBank but which has long since separated from the company....
...Swiss financial news outlet Tippinpoint was first to report his departure....
...Dell’s vehicle will take a passive stake in 5C and invest in the firm’s first fund, which plans to provide senior loans to mid-sized and large businesses....
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...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...Bond yields have “come down enough from their peak that we see demand [from companies and households] for credit going forward”....
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...He moved to New York to work at the Cravath law firm but quickly jumped to First Boston, later bought by Credit Suisse, to work on a Nigerian gas project....
...In December, for the first time, a proposed loan secured against the small shops’ payments was given a preliminary “A” grade credit rating....
...“This is the first time in a decade that we have been able to get annual 10 per cent to 12 per cent returns for senior secured, first lien credit [to] excellent and profitable companies,” says Nancy Curtin...
...UBS said it expected the division to return to profit in the first quarter....
...Before the recent rise in interest rates, this mostly involved gawking at the erosion of lender protections in bond contracts and having fun with credit default swaps....
...Barings first became involved in the industry in 1992 when it established a private finance group....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...From Bloomberg overnight: Citi Is in Talks to Start New Private Credit Strategy by Early 2024 Citigroup Inc. is in discussions to start a new direct-lending strategy by early January, the latest in a series...
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