News Source: Turkish Daily News
| about 1 year ago
oody's Investors Service and Standard & Poor's must be clearer and more detailed in their ratings of asset-backed securities and the risks of underlying collateral, the Bank for International Settlements, or BIS, said Friday. The firms need to make...
News Source: Sydney Morning Herald
| about 1 year ago
US500 billion ($520 billion) of debt used to fund the takeovers falls due, the Bank for International Settlements said. Companies bought by private equity firms worldwide must repay the high-risk, high-yield loans and bonds by 2010, the Switzerland-...