Corporate Debt Renegotiation

EU says banks could have more time to build buffers after Brexit

EU says banks could have more time to build buffers after Brexit

Published 15/11/2018

BRUSSELS (Reuters) - Euro zone banks which issued large amounts of loss-absorbing debt under English law could have more time to meet requirements after Britain [more…]

U.S. mortgage industry faces job losses as refinancing dries up

U.S. mortgage industry faces job losses as refinancing dries up

Published 18/10/2018

NEW YORK (Reuters) - With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how [more…]

Noble Group founder declines executive director role in…

Noble Group founder declines executive director role in…

Published 20/08/2018

SINGAPORE/BENGALURU (Reuters) - Embattled commodity trader Noble Group Ltd (NOBG.SI) said on Monday that its founder, Richard Elman, will not take up a previously announced [more…]

Bank of America affirms gun pledge, hints at Remington loan exit

Bank of America affirms gun pledge, hints at Remington loan exit

Published 10/05/2018

WILMINGTON, Del. (Reuters) - Bank of America said on Thursday it was standing by its pledge to stop financing civilian assault weapons and suggested it [more…]

ManorCare wins court approval to exit bankruptcy under landlord

ManorCare wins court approval to exit bankruptcy under landlord

Published 13/04/2018

(Reuters) - No. 2 U.S. nursing home chain HCR ManorCare Inc won court approval on Friday for a plan to exit a $7.1 billion Chapter [more…]

GM sticks to April 20 deadline for Korea restructuring, unit logs…

GM sticks to April 20 deadline for Korea restructuring, unit logs…

Published 13/04/2018

DETROIT/SEOUL (Reuters) - General Motors Co’s (GM.N) president said common ground must be reached on a long-term financial restructuring of GM’s South Korean auto unit [more…]

As sukuk disputes simmer, Islamic scholars ponder legal risks

As sukuk disputes simmer, Islamic scholars ponder legal risks

Published 10/04/2018

(Reuters) - Senior scholars in Islamic finance are exploring ways to prevent legal disputes that have roiled the industry, with new rules aiming to clarify [more…]

Exclusive: Mexican state pension fund spent millions on failing…

Exclusive: Mexican state pension fund spent millions on failing…

Published 12/03/2018

FILE PHOTO: The logo of Mexican construction company ICA is seen in Mexico City, March 8, 2016. REUTERS/Edgard GarridoMEXICO CITY (Reuters) - Mexico’s state workers’ [more…]

Embattled Abraaj frees private equity investors from capital…

Embattled Abraaj frees private equity investors from capital…

Published 07/03/2018

FILE PHOTO - Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, [more…]

Takata, injured drivers reach deal to end U.S. bankruptcy

Takata, injured drivers reach deal to end U.S. bankruptcy

Published 11/02/2018

The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, February 9, 2017. Picture taken February 9, [more…]