Launch VideoHomepage >>>
Central banks in many developed economies have responded to the global financial crisis and subsequent economic downturn in similar fashion, enacting aggressive policies to address the initial liquidity crisis, followed later by unorthodox polices to spur growth and bring down unemployment. Click here to continue reading.
The combined carrying capacity of oil tankers leaving Iranian ports last month was 1.17 million barrels a day, 14 percent higher than in February, vessel-tracking data compiled by Bloomberg show. To continue reading click here
By Sabrina Willmer KRG Capital Partners has pulled its latest buyout vehicle from the fundraising market as three of its original five managing directors will not take part in any future funds, according to two people familiar with the situation. Charles Hamilton, 64 years old, Christopher Lane, who is 51, and co-founder Charles Gwirtsman, 59, [...]
Big private equity firms are working to make their products more accessible to non-accredited investors, with 401(k) plans seen as the holy grail. Here, we explore the stumbling blocks and potential solutions. Click the image below to open. Please note this is a sample report – access to the full report is for subscribers only. Call us on +1 212 [...]
Rotech Healthcare Inc., a provider of home respiratory products, filed for bankruptcy saying its plan to cut debt by about half and reorganize is supported by a majority of its noteholders. Click here to continue reading. _____________________________________________________________ Bloomberg Brief Bankruptcy & Restructuring To take a risk free 30 day trial click here. Ready to subscribe? Save 35% today off [...]
Kansas, which dedicated casino proceeds to pension relief last year, is considering another gamble as lawmakers debate borrowing $1.5 billion to bolster the nation’s 11th-weakest state retirement plan. Click here to continue reading.
What we’ve got on our front page this week: Fees on U.S. structured notes tied to equities are at a three-year high. Inside we’ve got more on fees (a table and a few charts), after doing an analysis of all the fee-paying U.S. notes since January 2010. Also in this issue: China moves closer to [...]
Crisis Watch by David Powell, Bloomberg Economist Comparisons between the dangers posed by the banking systems of Cyprus and Malta appear to be misplaced, though the rapid expansion of the Maltese financial sector has the potential to someday become a problem. Click here to read the full article.
U.K. banks including Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc may avoid the need to sell new shares to bolster their balance sheets after the Bank of England used more lenient rules than those advocated by European regulators. Click here to continue reading.
By Asthika Goonewardene, Pharmaceuticals Equity Research Analyst, Bloomberg Industries The cost of allegations that process patents may have been infringed under a biosimilar application may deter small generic developers from pursuing approval through the 351(k) pathway, which was specifically set up for copies of cheaper biologic drugs. The FDA created an abbreviated pathway for generic [...]
