Tag:
Corporate Loans
Latest Headlines
Latest Headlines
Bank lending plunges again
Bloomberg reports banks provided $79.6 billion of syndicated loans in the three months of 2009. That's a 61 percent drop from $203.2 billion a year earlier, according to data compiled by Bloomberg . For some perspective, volume hit $446.4 billion in the first quarter of 2007. Of course that
The new order on Wall Street
Bloomberg offers an interesting article that notes the big survivors on Wall Street--Goldman Sachs, Morgan Stanley and JPMorgan Chase--are benefiting from a return to tradition in a few ways: Spreads on bond and equity transactions are widening, and rates are up for vanilla corporate loans. Th
