Hints and tips:
Related Special Reports
...Some investors challenge the quality of those reports, in which the presentation of its operating segments has changed every year under Eklund....
...Chang’s and business technology provider Computer Services Inc....
...The writer is founder of Fox Legal Training Much ink has been spilled about the degrading quality of investor protections in high-yield bond and leveraged loan agreements, also known as “covenants”....
...Craig Snyder, an Ares partner, said that “the broad, indiscriminate flight of institutional capital from the office sector has resulted in many high-quality properties trading down to historic lows,” and...
...At best, this casts serious doubt on the idea that anyone can measure a BDC’s quality by the performance of its loan book....
...Bloomberg looked at the huge range of valuations being put on loans in the private market....
...The big banks are lending as much as they can, with the four largest US banks having $4tn of loans and leases outstanding, according to FDIC data....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...PBs are one of the main links between traditional banks and shadow banks, offering services like custody, margin loans, derivatives, research and introduction to companies and investors....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...The three major Singaporean financial institutions — DBS, United Overseas Bank and Oversea-Chinese Banking Corporation — refer to Fed rates when setting those for their own loans....
...Big, long-only money is coming into the Japanese market chasing high-quality companies with improving governance standards, exposure to global growth and a “not China” story....
...and Morgan Stanley have fallen from $1.60 to 90 cents for every dollar of commercial real estate debt on which a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation...
...But, as New York University’s Alison Taylor wrote in response to our story, the quality of this third-party assurance needs scrutiny too....
...The asset manager is among rumoured bidders for Pension Insurance Corporation, a UK insurer that purchases and manages corporate pensions....
...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
...Using high quality bonds or securities as surety creates complicated linkages....
...Scale is an advantage in a sector where multiple data sources improve credit score quality. Experian benefits from the interplay between its business-to-business and consumer services arms....
...In eschewing this large, liquid, and relatively high-credit quality asset class, we believe investors may be missing an opportunity to optimize their portfolios for strong risk-adjusted returns....
...“Asset quality in commercial remains in a very, very good place, outside of the office sector,” said BofA’s Borthwick....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...“It’s not like triple C is a diversified index,” said Jeremy Burton, US high-yield and leveraged loan manager at PineBridge Investments....
...The ECB outlined three main “headwinds” for banks’ profitability: increased funding costs as they pass on higher rates to depositors; an increase in loan defaults as the economy weakens and debt service...
...Separately, it paid a $25mn penalty to the CFPB related to private student loan servicing practices. “Capital One is a healthy, well-managed, well-capitalised bank....
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
International Edition