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Category: Capital and risk


Capital and risk, Credit

Goldman Sachs Agents $200MM Term Loans for National Vision

November 19, 2018

Via: ABF Journal

Goldman Sachs served as both administrative and collateral agent on a joinder and amendment which established new $200 million first lien term loans for eyewear retailer National Vision. According to a related 8-K filing, KKR Capital Markets, Citigroup Global Markets, […]


Capital and risk, Macroeconomic

US retail sales rebound sharply in October

November 15, 2018

Via: CNBC

U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by rebuilding efforts in areas devastated by Hurricane Florence. The Commerce Department said on Thursday retail sales increased 0.8 percent last month […]


Capital and risk, Credit

This government mortgage program helps veterans with spotty credit history and gets better results

November 12, 2018

Via: Market Watch

Greg Sohnrey came home from Iraq in 2010 so badly injured the Veterans Administration said the then-30-year-old would never work again. But for Sohnrey, that experience paled next to losing a baby daughter, then watching two young sons go under […]


Capital and risk, Operational

American Express breaks into China’s payments market

November 9, 2018

Via: Banking Technology

According to CNN, the Chinese central bank has given Amex preliminary approval to handle payments in yuan today (9 November). The firm can now start setting up the payments network through a joint venture with LianLian Group, its Chinese partner. […]


Capital and risk, Liquidity

Treasury yields retreat as stocks slump over China slowdown fears

November 9, 2018

Via: Market Watch

Treasury yields pulled back in early Friday trading, as stocks across the world slipped on concerns over China’s economic slowdown. The 10-year Treasury note yield TMUBMUSD10Y, -0.57% was down 2.2 basis points to 3.210%, while the 2-year note yield TMUBMUSD02Y, […]


Business banking, Capital and risk, Liquidity, Products

Liquidnet adds emerging market bonds to fixed income platform

November 6, 2018

Via: Finextra

This latest addition comes amid growing institutional investor appetite for emerging markets bonds as they seek to diversify their portfolios and access growth opportunities in fixed income markets outside of North America and Europe. Liquidnet’s Member firms can now trade […]


Capital and risk, Macroeconomic

US trade deficit rises more than expected in October and is now up 10% for 2018

November 2, 2018

Via: CNBC

The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners. The shortfall rose to $54 billion for the month, a 1.3 percent increase, or $700 million, from August and reflective […]


Capital and risk, Macroeconomic

U.S. Economy Adds 250,000 Jobs in October as Wage Growth Accelerates

November 2, 2018

Via: TheStreet

The U.S. economy added more jobs than expected last month, and workers’ wage growth accelerated, a Labor Department report showed Friday, Nov. 2. Total nonfarm payroll employment increased by 250,000 jobs, higher than the 190,000 predicted by analysts in a […]


Capital and risk, Macroeconomic

Wages and salaries jump by 3.1%, highest level in a decade

October 31, 2018

Via: CNBC

Employment costs rose more than expected in the third quarter in a sign that more inflation could be brewing in the U.S. economy. The Labor Department’s employment cost index rose 0.8 percent for the period, ahead of the estimate of […]


Capital and risk, Credit

Citizens, Others Provide $75MM Revolver to Four Springs

October 30, 2018

Via: ABF Journal

Four Springs Capital Trust secured a three-year revolving credit facility with a $75 million borrowing capacity with an additional $75 million expansion feature. Citizens Bank, Huntington Bank, Peapack-Gladstone Bank and Two River Community Bank participated in the new credit facility […]