[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Tag: Credit Markets
Italian bad loan prices must fall to lure back foreign buyers – Axactor Italy
[ad_1] MILAN, Nov 17 (Reuters) – International investors will steer clear of Italian impaired bank loans until prices fall to reflect the higher risks associated with the COVID-19 crisis, the…
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
Credit Suisse winds down $10 billion Greensill-linked funds
[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…
U.S. banks’ reluctance to lend cash may have caused repo shock – BIS
[ad_1] LONDON (Reuters) – The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a…
Financially distressed Aeromexico gets $50 million lifeline
[ad_1] FILE PHOTO: A logo of Aeromexico is pictured inside Benito Juarez international airport in Mexico City, Mexico July 31, 2018. REUTERS/Carlos Jasso MEXICO CITY (Reuters) – Mexican airline Aeromexico…
Premier Oil investor opposes plan to extend debt maturity, approve deals
[ad_1] LONDON (Reuters) – Premier Oil’s PMO.L largest creditor, hedge fund Asia Research and Capital Management (ARCM), said it would oppose the plan announced by the company on Tuesday to…
Bank of England delays report on health of UK banks to Aug. 6
[ad_1] FILE PHOTO: People wearing masks walk past the Bank of England, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 23, 2020. REUTERS/Toby Melville LONDON…