Hints and tips:
Related Special Reports
...First, the autonomous factors, the most important part being the amount of banknotes in circulation plus required minimum reserves....
...Rents earned by the funds from making private direct loans accrue to the general partners, not the limited partners....
...Now the syndicated loan market is quite open — and competitive against private credit. If you look at spreads on private direct loans, they’ve tightened 100-150bp in the past 12 months....
...The recovery in global corporate bond and loan markets began after the Federal Reserve signalled it sees a path to cutting interest rates later this year....
...of euros in interest-free, unsecured loans to help them buy two private jets....
...FY, Darden Restaurants Q3, Direct Line FY, Enel FY, FedEx Q3, London Gatwick Airport FY, Lululemon Athletica Q4, M&G FY, Next FY, Nike Q3 Friday Competition and Markets Authority deadline for decision...
...Intel is to receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion....
...That’s what we missed: how the policy response to the regional banking crisis stabilised the banking system, which allowed a pretty sharp V-shaped recovery....
...The bank lost $911mn from the implosion of Archegos and still faces probes by US regulators and federal prosecutors over its handling of block trades....
...As the Federal Reserve rapidly increased interest rates, nearly every Wall Street institution, including Bank of America, Barclays and Morgan Stanley, suffered losses on loans that they had agreed to provide...
...The cumulative value of Chinese foreign direct investment into Nigeria by 2021 was more than $20bn, according to Cui Jianchun, China’s ambassador to Nigeria....
...“Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said....
...Three scoops to start: Gautam Adani faced a margin call of more than $500mn on a $1.1bn share-backed loan, prompting the Indian tycoon to repay the whole debt, said four people with direct knowledge of...
...Those left out of each deal had their existing loans collapse in value having been sent to the back of the line....
...John Kline, who runs the direct lending and syndicated loans business at New Mountain Capital, pointed out to us that even if defaults spike in leveraged loans (or elsewhere in credit), a discriminating...
...The challenge by the US’s Federal Trade Commission to Microsoft’s $75bn acquisition of gaming company Activision Blizzard has galvanised top advisers....
...The Federal Reserve could pump the brakes on interest rate rises. And shares in the troubled First Republic Bank rallied yesterday. Plus, Xi Jinping met with Vladimir Putin....
...Expect private equity firms to continue courting direct lenders and cash-rich partners as credit markets remain difficult to access....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...While there is less leverage in the market than there was before the financial crisis, big rises in borrowing costs will make it impossible for some owners to refinance when existing loans mature, forcing...
...The $200bn-plus number is surely too big, given that there have also been other movements in Russia’s balance of payments....
...Billionaire investor Ken Griffin has warned there will be a recession in the US and said the Federal Reserve needs to do more to bring down inflation....
...This week’s highlights Stablecoin issuer Tether is facing scrutiny over an $840mn loan recovered from now-bankrupt Celsius Network....
...At the start of June, Apple announced it would be entering the buy now, pay later space, offering loans directly to consumers rather than relying on banking partners....
...JPMorgan takes on direct lenders with leveraged loans unit JPMorgan Chase’s investment bank is committing a “significant chunk of capital” to hold leveraged loans on its balance sheet....
International Edition