The struggling retailer plans to raise $625 million through an offering of notes and warrants.
Will the U.S. government's security requirements lead to faster adoption by retailers?
Banks will finally be required to have 'skin in the game" when they securitize certain mortgages.
The new procedure will in theory keep an insolvent bank's counterparties from stepping in and seizing collateral during a crisis.
Shareholders may greet some spin-off transactions warmly, but creditors may see only downside risks.
Is the dollar starting another long-term rally?
When your primary bank gets swallowed by a larger financial institution, don’t be surprised if fees increase and you lose access to decision-makers.
"Banks need to change the way they operate to ensure that they can build and maintain capital buffers without taking excessive risk," says an IMF…
To help defuse staff anger over a radical restructuring of the World Bank, CFO Betrand Badré forgoes a $95,000 bonus.
The struggling electronics retailer is getting a loan from its largest shareholder, which some creditors oppose because it might delay restructuring.