debts news from FierceFinance
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Financed by UBS, BlackRock purchases UBS portfolio
Private equity firms and hedge funds are making some massive bets on distressed debts. The terms have been pretty good of late, though the leveraged loan market has rallied. The latest news, as noted Read more...
Separating the men from boys in private equity
These are tough times in the private equity industry. But it's time like these, one could argue, that the strong get relatively Read more...
Citigroup analysts: Slowdown in M&A a good thing
This might get you punched in some offices: The current slowdown in deal making is a healthy thing. The case is really not hard to make, and Citigroup has made it well, Read more...
Citigroup to combine debt and equities units
Financial News Online reports that Citigroup has plans to combine its equity and debt capital markets origination divisions into a single unit. The move follows Read more...
Are prime consumers the next big worry for banks?
We've spoken ad nauseum about the risks of subprime debts that have filtered through the financial system in many surprising ways. But a lot of prime borrowers have been silently struggling through Read more...
Should Bank of America walk away from Countrywide?
MarketWatch notes that Countrywide is a bad position. Basically, its debts exceed its assets. Negative equity, of course, doesn't exactly speak well for the mortgage giant's future. Of immediate Read more...