debt-instruments
FinanceBenefits of Outsourcing Private Debt Fund Administration to a Specialist
Top StoriesECB Will Keep Countries on Straight and Narrow Even if It Buys Their Debt – Lagarde
Top StoriesRussia Pushed Into Historic Default by Sanctions
Top StoriesEU Plans Another 50 Billion Euros of Issuance for Recovery Fund in 2022
New ECB Bond Buys Shouldn’t Get in Way of Fighting Inflation
Date: June 22, 2022
By Jesús Aguado and Emma Pinedo MADRID (Reuters) -The European Central Bank’s tool to combat rising government debt yields in some euro zone countries should not interfere with the bank’s aim to control inflation, ECB Vice-President Luis de Guindos said on Wednesday. “Fragmentation instruments should not interfere with the overall monetary policy approach, which should...
Credit Suisse Pays up to Redeem AT1 Bond, Sends ‘message to the Market’
Date: June 20, 2022
(Refiles to add missing letter in ‘AT1 bond’ in headline, no other changes to text) LONDON (Reuters) -Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion capital-boosting issue, a measure investors say was necessary to avoid raising concern over its ability to pay...
Britain Plans to Regulate ‘buy Now, Pay Later’ Lenders
Date: June 20, 2022
By Elizabeth Piper and Huw Jones LONDON (Reuters) – Britain plans to make “buy now, pay later” (BNPL) companies carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure adverts are fair and clear, the government said on Monday, in measures to regulate the sector. BNPL businesses, which are unregulated, typically...
Credit Suisse Pays up to Redeem A1 Bond, Sends ‘message to the Market’
Date: June 17, 2022
LONDON (Reuters) – Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion capital-boosting issue, a measure investors say was necessary to avoid raising concern over its ability to pay debt. Credit Suisse’s bond issue raised $1.65 billion at a 9.75% interest rate, according...
Britain’s Fca Urges Lenders to Do More to Aid Borrowers in Cost of Living Crises
Date: June 16, 2022
LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) said on Thursday it was writing to more than 3,500 lenders to demand greater support for consumers struggling with soaring costs of living, after uncovering “serious failings” at more than 30 credit providers. The watchdog, which is responsible for supervising the activities of large banks as well...
Understanding the Difference Between Will Vs. Living Trust
Date: June 9, 2022
You have worked hard for your money all your life and have substantially saved up along the way. It is only natural that you want some control over what happens to your assets and saving after you depart from this life. You choose the right strategy for distributing your assets based on your circumstances. Some...