Commenting on the differences between the 1980s and now, Martin Fridson sounds a cautionary note on the low default rate of high-yield bonds.
Motivated by rate-rigging scandals, the Financial Stability Board seeks to restore confidence in financial market benchmarks.
Following other specialty retailers, clothing chain Love Culture files for chapter 11.
Brazil, Russia, India, China and South Africa agree to fund a $50 billion development bank and a $100 billion currency exchange reserve.
There are good and bad nonbank lenders. Here's how to weed out the bad ones.
Where is the bulk of companies' cash reserves? In bank accounts, finds an AFP survey.
Most new leveraged loans are covenant-lite and carry ratings well-below investment grade from Standard & Poor's.
A private placement by First Data earned its private equity owner KKR $40 million in banking fees.
Should the economy come under stress, a large number of leveraged loans could default and cause record losses, according to one banking regulator.
Nonfinancial companies pulled back on capital spending in the first quarter of 2014, producing another negative quarter for the "financing gap."