Hints and tips:
Related Special Reports
...Finma has argued that without writing down the AT1s, nationalising Credit Suisse would have been the only alternative....
...Fitch Ratings downgraded Kemble’s credit rating to CC on Thursday, which it said indicated “that a default of some kind appears probable”....
...Additional reporting by Owen Walker and Ian Smith in London...
...Government bonds might be swapped out for other private credit assets as the reinsurer attempts to generate yield, for example....
...“By coming together, I think we can accelerate very substantially the arrival of AI services in the Global South,” said Smith....
...BaFin’s decision to approve credit insurance as a risk mitigant allowed Greensill Bank to class its loan book as safer....
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Gas-rich Qatar boasts a collection shown across a broad range of museums, from modern art to Islamic antiquities, overseen by the emir’s sister, Sheikha Al Mayassa bint Hamad al-Thani....
...It launched a new subsidiary in November to provide prevention and mitigation services....
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...“We’ve noticed a significant trend towards travellers opting for luxury vans over traditional sedan cars,” says Tom Ripert, CEO of Rolzo, a private chauffeur and premium car-rental service....
...Today’s big read Two years on from the Great Resignation, when a roaring jobs market and the effects of the pandemic encouraged swaths of the workforce to switch employers, attrition in the professional services...
...that the departures would “create a range of issues” for Barings and attaching a term sheet offering to buy the credit business....
...The group, which is one of the world’s biggest insurers and offers broader financial services including banking, reported operating profits down a fifth at Rmb118bn ($16bn) last year, in results released...
...Such firms, it said, were “more vulnerable” to a credit downturn, due to their higher proportion of illiquid assets, a situation that could be “aggravated” by the embedded leverage in structured credit....
...During the period Scope Group entities provided other advisory services to Greensill as well as credit ratings, such as “industry risk reports” Esma said, and it failed to flag these services when rating...
...Phil Smith, head of Emea LDI research at BlackRock, said: “This is about broadening out the pool of assets that can be used as collateral, increasing that resilience and trying to avoid losses from having...
...Dennis Fan, a lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could...
...Take a break from the news The FT’s US art critic Ariella Budick shares her favourite works in Moma’s world-leading permanent collection, including James Rosenquist’s 86-foot ‘F-111’ which wraps round an...
...Credit Suisse’s asset management arm told investors last month that a debt restructuring deal with GFG could not be implemented as expected after the steel group failed to make a payment on time, although...
...One broker, Edward Smith, said to Zurich in 2018 that Liberty customers named under its receivables programme “appear to be reasonable credits”....
...Billionaire Michael Dell’s investment vehicle has agreed to back two former senior Goldman Sachs executives who are launching a private credit investment firm....
...funds’ credit exposure....
...Asad Sayeed, an economist at the Collective for Social Science Research in Karachi, said this was unlikely to change until Pakistan increased exports and boosted tax collection enough to fund badly needed...
...Rating agency Moody’s Investors Service has cut China’s sovereign credit rating outlook to negative from stable, citing the growing risks of persistently lower mid-term economic growth and the overhang from...
International Edition