How banks can help companies restructure for growth - World Economic Forum
The banking industry has to walk the tightrope of balancing relief with financial responsibility...
- Topic / Article / 11 hours ago
- www.weforum.org
Trade Credit
A dedicated page for content relevant to (re)insurance professionals with an interest in Trade Credit
South Africa Debt Stabilisation Depends on Wage Negotiations
The South African government's Medium-Term Budget Policy Statement (MTBPS) further raises the trajectory of government debt...
- Fitch Ratings / Article / 11 hours ago
- www.fitchratings.com
Zambia Secures China Debt Relief Before Key Bondholder Vote - Bloomberg
Zambia said it’s won some debt servicing relief from China Development Bank, putting more pressure on private bondholders to accept a government proposal with...
- Topic / Article / 12 hours ago
- www.bloomberg.com
Aston Martin tests skittish market with $1 billion junk bond sale - Reuters
British luxury car maker Aston Martin <AML.L> is testing investor appetite for risky assets days before the U.S. election with a 840-million-pound ($1.1 billion) junk bond sale, one of the largest deals of its kind in Europe this year...
- Topic / Article / 12 hours ago
- uk.reuters.com
Two-thirds of all UK businesses at risk of insolvency - CityAM
Two-thirds of all businesses across the UK currently trading have a “low to severe risk of insolvency”, according to the...
- Topic / Article / 14 hours ago
- www.cityam.com
'Death of an entity': 10 retailers that liquidated this year - Retail Dive
The COVID-19 crisis may indirectly have spared some retailers in bankruptcy. But several were forced to wind down when they couldn't find a savior...
- Topic / Article / 14 hours ago
- www.retaildive.com
European High-Yield Default Rate Rises to 3%, Issuance up 65% YoY
The end-September European high-yield default rate increased to 3% from 1.2% at end-2019, driven in 3Q20 by defaults from Europcar (EUR1.05 billion), Garrett Motion (EUR350 million), Selecta (EUR1.5 billion)...
- Fitch Ratings / Article / 15 hours ago
- www.fitchratings.com
Eurozone Draft Budget Plans Imply Fiscal Expansion Will Halt
Eurozone countries' draft budgetary plans (DBPs) for 2021 mostly envisage modest fiscal tightening supported by a substantial economic recovery, Fitch Ratings says...
- Fitch Ratings / Article / 19 hours ago
- www.fitchratings.com
Hanover Fights Bid To Move Fraud Row To Bankruptcy Court - Law360
Hanover Insurance Co. urged a Missouri judge Friday not to dismiss its $5 million transfer fraud suit against First Midwest Bank of Poplar Bluff...
- Topic / Article / 1 day ago
- www.law360.com
When it comes to climate change, this financial crisis is different—and maybe better - Fortune
When it comes to reducing carbon emissions, former Bank of England governor Mark Carney sees a silver lining in the COVID cloud...
- Topic / Article / 1 day ago
- fortune.com