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Some corporations are willing to oblige, turning instead to new, pricier term loans or revolving credit lines rather than tapping existing ones, industry officials say.March 30
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Dozens of firms in industries most immediately hit by the virus and oil-price war — such as leisure, transportation, health care, energy and mining — have been drawing billions of dollars from existing credit lines.March 18
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Investment bankers have are trying to drum up interest from investment firms and hedge funds to provide tens of billions of dollars in financing to companies in industries upended by the coronavirus.March 13
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Banks may be protected from a direct hit, but they have invested in vehicles that include such loans, potentially exposing them to defaults.March 11
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A Denver company says that the $410 billion-asset bank used its confidential information to create a copycat product and poach its customers. PNC is contesting the allegations.February 17
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Citi, Goldman chiefs say they won’t be pressured to stop financing companies based on carbon footprint; Vodafone bolts from Facebook’s digital currency project.January 22
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Corporate debt swelled to $15.987 trillion in the third quarter after borrowing increased by nearly 6%, according to the Federal Reserve.December 12
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States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.September 30
PartnerMilbank LLP
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Under Monaco's leadership, Citi has ranked as the top investment bank to governments and governmental organizations in four out of the past five years.September 22
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When HSBC announced 16 appointments amid changes to top management in April, Bouazza, who previously co-led the bank's Latin American business, was the lone woman selected.September 22
