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Travelex strikes rescue deal but 1,300 UK jobs go

2020-08-06 19:54:59| BBC News | Business | UK Edition

A cyber-attack followed by the Covid-19 crisis "acutely" hit the firm, administrators said.

Tags: go jobs deal rescue

 

The CRE Industry Reacts to Proposed CMBS Rescue Fund

2020-07-30 15:49:00| National Real Estate Investor

Industry groups have responded to a proposed bill that will help distressed CMBS borrowers remain current on their loans.

Tags: industry proposed fund rescue

 
 

Coronavirus: Business rescue package has 'delayed the inevitable'

2020-07-29 02:10:46| BBC News | Business | UK Edition

Insolvencies slow during lockdown, but experts say the worst is yet to come.

Tags: business package rescue delayed

 

Bankrupt Brooks Brothers receives $305m rescue bid

2020-07-24 12:34:00| Daily apparel & textile news and comment - from just-style.com

Bankrupt men's wear retailer Brooks Brothers has received a $305m takeover bid from Sparc Group, which is partially backed by Authentic Brands Group, owner of Aéropostale and Nautica.

Tags: bid brothers receives rescue

 

Shadow Bank Weaknesses Forced Feds Market Rescue, Quarles Says

2020-07-15 15:41:00| National Real Estate Investor

The coronavirus crisis has exposed potential weaknesses tied to non-bank financial firms, including excessive leverage and interconnectedness.

Tags: market bank forced shadow

 

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