Hints and tips:
Related Special Reports
...“It means that management effectively refused to give auditors the information on the value of the solar farm loans they needed to do their job,” he added....
...The loans, secured against the partners’ income, had an aggregate loan-to-value ratio of 29 per cent at the end of December....
...to both the high-yield bond and institutional leveraged-loan markets....
...Josep M Colomer Georgetown University, School of Foreign Service, Washington, DC, US...
...“Ultimately some people may feel forced to make a decision about whether the debt from the loan is worth taking on given how the condition is affecting their quality of life,” he said....
...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”....
...in its quality controls....
...With India in the middle of national elections, the incumbent Bharatiya Janata party — led by Prime Minister Narendra Modi — has promised to improve health services....
...It reported a net loss of $617mn in the first quarter, compared with a net loss of $281mn in the first quarter of 2023....
...“Asset quality in commercial remains in a very, very good place, outside of the office sector,” said BofA’s Borthwick....
...Non-competes impinge on workers’ personal freedoms and “are directly undermining competition in product and service markets”, she added....
...Dellaert: They may retain some of those loan exposures on their books, a portion of what they sell to us....
...quality control process....
...Shares of BofA dropped 3 per cent on its earnings news. PNC declined 2 per cent. BofA increased its estimate of expected loan losses at a time when its rivals were seeing loan losses level off....
...If services are not providing the level of care people are entitled to and deserve, we take action regardless of how they are funded.”...
...Better still for auditors, there is evidence investors are willing to pay for a more robust service....
...By “volatility shield”, of course, they mean “infrequent updates of often-subjective loan marks”....
...The FTC on Monday challenged the $24.6bn acquisition, alleging it would eliminate competition between the parties and increase grocery prices, while slashing product quality and consumer choice....
...“It’s a demanding job and we look to make sure people are remunerated properly in the context of where we are in the market,” Gerbi told the Financial Times. “We recruit the top quality lawyers . . ....
...And on its own, Altice France is big enough to have a noticeable impact on the share of CLOs that are in breach of their loan-quality requirements: The effect could spread globally if there are downgrades...
...The preliminary agreement, which includes $6.1bn in direct funding and up to $7.5bn in loans, will come under the 2022 Chips Act....
...Kristalina Georgieva has won a second five-year term as IMF managing director, ahead of the start of the fund’s spring meetings in Washington next week....
International Edition