The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
The Swiss bank was accused of misrepresenting the risks of roughly $1.15 billion of RMBS it sold to the U.S. Central and Western corporate credit…
To drive shareholder returns in health care, CFOs should stress financial policies that build financial flexibility rather than leverage.
A number of other coinciding economic factors likely ensure that 2017 will be another strong year for dealmaking.
As measured by Trepp, the delinquency rate has increased in 11 of the past 13 months and, at 5.37%, is now 115 basis points higher than a year ago.
Global debt grew to $215 trillion, or 325% of global GDP, in 2016, with EM countries' debt more than tripling to $56 trillion over the past decade.
Elevate Credit loans money "to the vast and underserved segment of 170 million non-prime consumers in the U.S. and U.K."
Moody's says credit risk is rising at a time when the average dollar amount of negative equity at trade-in is at record levels.
The online lender's revenue fell 33% as it struggled to obtain loan funding from investors.
The credit rating agency warns of "a growing likelihood that Toshiba will become unable to fulfill its financial obligations in a timely manner."