Situation already so bad that hiding debt becomes a priority?More
Who’ll Rescue Thomas Cook, the Collapsing Vacation-Travel-Airline Giant with 21,000 Employees?
Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?More
Contagion from Liquidity Crunch at Junk-Bond Funds to Trigger “Material Second Round Effects”: EU Securities Regulator
The costs of dodging negative interest rates.More
These Incidents Raise New Questions about the Security and Operability of the Banking System in Mexico
For now, it’s deny, deny, deny.More
Bank of Mexico Raises Alarm About Mexico’s Economy
“Particularly worrisome” is that this slowdown “has taken place in a context where the US economy is growing above potential.”More
Woodford’s Shuttered Fund Crushed Further by Plunging Stocks in its Holdings, such as Muddy-Waters Target Burford Capital
Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the windMore
Liquidity Crunch Mangles UK Equity & Real Estate Funds
Exodus from funds with illiquid assets forces more funds to block redemptionsMore
HSBC Runs into Buzzsaw in Hong Kong & China, its Home Market Generating 75% of its Profits
HSBC’s pleas of innocence have won little sympathy in BeijingMore
Argentina Crisis Slaps Foreign Banks & Companies Operating in the Country
Peso collapse and inflation force Spanish companies and banks — second largest investors in Argentina, behind US companies — to tally their losses.More
One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed
This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.More
Nick Corbishley 