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Nick Corbishley

Journalist covering global financial, economic, and political developments

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Just in Time for Holiday Shopping Season: UK Fashion Giant Arcadia Crashes into Bankruptcy

Asset stripping by its owner, years of brick-and-mortar meltdown, topped off by the Pandemic. Suppliers, landlords, and pensioners twist in the wind.More

Vast Euro-Derivatives Market, Centered in London, Is Set to Fragment as End of Brexit Transition & Uncertainties Loom

It shouldn’t “create risks to the stability of the financial system,” which is soothing to know.More

Australian Construction & Real-Estate Development Giant Grocon Hits Wall, amid Industry Swoon that Started in Mid-2019

The Pandemic accelerated the mess.More

Can the “Valuations” of Office Properties in London Be Trusted, Asks Royal Institute of Chartered Surveyors

These “valuations” are crucial to metrics of REITs and property mutual funds, including net asset value (NAV), amid concerns about conflicts of interest.More

How the Unemployment Fiasco in Europe Is Kept out of Official Unemployment Rates

The massive and once-again extended Pandemic-era furlough programs serve their purpose, but…More

Spooked by Fishy Smells & Regulators, Investment Bank Natixis Dumps its 50% Stake in Formerly-$36-Billion Hedge Fund H2O

Blackstone Group, BNP Cardif, Crédit Agricole, and others have also unwound or suspended their relationship with H2O.More

Interjet Runs Out of Runway. Six Other Latin-American Carriers Already Liquidated or in Bankruptcy

They didn’t get bailed out by taxpayers. But in a radical experiment these days, investors got to eat the losses, as they should.More

WeWork Forerunner IWG/Regus Restructures its Business, Unleashing Mayhem on Landlords and Investors

Regus’ U.S. subsidiary, RGN Holdings, has already filed for Chapter 11 bankruptcy.More

US, Global Corporate Giants Not Amused Mexico Finally Forces Them to Pay the Taxes They Owe

American Bar Association, Mexican business lobby, ambassadors from the US, Canada, etc. in uproar over holding executives accountable and threatening them with criminal probes. 70 Mexican officials also investigated.More

Amid Eviction Moratorium, Wiggle Room Tightens for Retail Landlords & Tenants in the UK

Land Securities, a Giant UK REIT, announced that it would try to sell a large portion of its properties. No buyers identified yet.More

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