Reverse factoring can raise the risk profile of supply chains to dangerous levels, and could even cause a systematic financial failure.
The paperwork error, which unsecured a secured loan to General Motors, wasn't spotted until GM filed for bankruptcy in 2009.
How can financial institutions restore profitability? Manage complexity better so as to control costs and improve productivity, says Oliver Wyman.
FXCM survived the strengthening of the Swiss franc, but will it survive the loan that bailed out the company?
The Supreme Court declined to review the National Credit Union Administration's lawsuit against Royal Bank of Scotland and Nomura Holdings.
Online lenders will have to overcome many stumbling blocks, like vulnerability to economic fluctuations, says one banker.
To settle the question, the ISDA is convening an external arbitration panel for the first time since 2009.
This is reportedly the first time a Chinese developer has defaulted on dollar-denominated bonds.
Banks’ wealth-management divisions are underwriting loans collateralized by clients' growing securities portfolios.
The teen retailer will close 338 stores, representing nearly half of its net sales, and lay off 3,700 employees.