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Bloomberg
Vietnam Tightens Valuations to Clean Up Bad Debt
Nov. 13 -- Vietnams state asset management company will use its own valuations instead of inflated book values to buy bad debt from banks by the end of next month to accelerate a revamp of the financial system and revive lending....
Bloomberg
Voyager Seeks Bankruptcy as Bankman-Fried Lifeline Fails
Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried's Alameda Research. Yueqi Yang has more on "Bloomberg Markets: The Close."
Bloomberg
China’s Debt Problem May Have Turned a Corner, for the Worse, Says Autonomous’s Chu
Jun.11 -- Charlene Chu, senior analyst at Autonomous and former senior director at Fitch Ratings, discusses liquidity pressures in China, non-performing loans, and shadow credit. She speaks on “Bloomberg Markets: China Open.”
Bloomberg
Barclays, RBS, Lloyds Sidestep Brexit Chatter With Secret Sauce: BI
Jul.10 -- We are getting ready for corporate earnings results. Banks will be a key focus. U.K. domestically focused lenders RBS, Lloyds and Barclays will no doubt spend much of their time detailing plans for the interest rate outlook,...
Bloomberg
China Huarong Posts $15.9 Billion Record Loss
Aug.29 -- China Huarong Asset Management Co.’s long-delayed 2020 results showed a record loss. The embattled bad-debt manager reported a 102.9 billion yuan ($15.9 billion) loss for all of last year, slashing its shareholder equity by...
Bloomberg
Mallya Doubts Fair Trial Over Kingfisher Loans
May 4 -- Indian tycoon Vijay Mallya says he doubts he'll be given a fair trial if he went home to face his debts. Mallya resigned his upper house seat just hours before he faced expulsion by lawmakers. Bloomberg's Harsha Subramaniam...
Bloomberg
Chinese Banks' Golden Decade Over
March 29 -- This week is likely to be one of the most crucial on the Chinese earnings calendar. The nation's big banks are due to report results for 2015 and analysts say profit growth disappeared last year. Bloomberg's David Ingles...
Bloomberg
KKR's Nat Zilkha on Credit Opportunities
Oct. 27 -- KKR Credit co-head Nat Zilkha discusses opportunities in credit. He speaks with Erik Schatzker from the Capitalize for Kids Investors Conference in Toronto on "Bloomberg Markets."
Bloomberg
Monte Paschi Plan Threatened by Loan Term Doubts
Dec.19 -- Banca Monte dei Paschi di Siena SpA's recapitalization plan is facing uncertainty as a backer has expressed "strong reservations" on terms of a loan in the transaction. Bloomberg's Elisa Martinuzzi reports on "Bloomberg...
Bloomberg
S&P's Chan Says China Is in a Credit Paradox
Dec.05 -- Terry Chan, APAC head of corporate research at S&P Global Ratings, discusses the buildup of debt in China. He speaks on "Bloomberg Daybreak: Asia."
Bloomberg
China Banks on Debt-to-Equity Plan
April 4 -- China may allow banks to convert one trillion yuan of bad loans into equity. That's according to a report in Caixin Weekly. Bloomberg's Tom Mackenzie reports on "First Up."
Bloomberg
PBOC Said to Step Up Effort to Spur Lending
Aug.01 -- Banny Lam, head of research at CEB International Investment, discusses the PBOC's efforts to spur lending and what it means for the economy. He speaks on "Bloomberg Markets: Asia."
Bloomberg
Westpac Profit Plunges on Bad-Debts, Laundering Fine
Nov.01 -- Westpac Banking Corp.’s profit plunged after the lender was hit with a record fine for breaching anti-money laundering laws, and the coronavirus-induced recession swelled bad-debt charges. Matthew Burgess reports on "Bloomberg...
Curated Video
Treasury Secretary Henry Paulson says that the $700 billion government rescue program will not be used to purchase troubled assets as originally planned.
HEADLINE: Paulson: Troubled assets will not be purchased<br/>
CAPTION: Treasury Secretary Henry Paulson says that the $700 billion government rescue program will not be used to purchase troubled assets as originally planned<br/>. (Nov. 12)
CAPTION: Treasury Secretary Henry Paulson says that the $700 billion government rescue program will not be used to purchase troubled assets as originally planned<br/>. (Nov. 12)
Bloomberg
Italian Banks Feel the Pain of Ignored Vicenza IPO
May 2 -- Shares of Italian banks tumbled in Milan as private investors snubbed the initial public offering by Banca Popolare di Vicenza SpA. Bloomberg's Elsa Martinuzzi reports on "Bloomberg Markets."
Bloomberg
China's Record Offshore Borrowing
March 7 -- China's state-owned enterprises are loading up on record overseas loans, just as Moody's warns that ballooning debt is straining the country's finances. Bloomberg's Lianting Tu reports on "Trending Business."
Bloomberg
Chinese Shoppers Can Buy Bad Loans Online With Groceries
Jul.10 -- Millions of Chinese shoppers who browse the Taobao shopping site have a world of choice at their fingertips. But now, there is the opportunity to buy from a range of bad debt. Bloomberg's Emma O'Brien reports on "Bloomberg...
Bloomberg
Coface's Casanova on the Asia Eco Weekahead
Jul.27 -- Carlos Casanova, Head of APAC Economic Research at Coface, discusses the key eco data in Asia this week. He speaks with Tom Mackenzie and Rishaad Salamat on "Bloomberg Markets Asia".
Bloomberg
SC Lowy CEO on China Evergrande, Bid for Dewan Housing
Dec.02 -- Michel Lowy, chief executive officer of SC Lowy, a Hong Kong-based banking and asset management group, talks about the prospects for beleaguered developer China Evergrande Group, which has come under intense scrutiny after...
Bloomberg
Fitch: No Single White Knight for China Property Market
Tyran Kam, head of China property at Fitch Ratings, discusses the prospects for the country's real estate market. China's largest developer Country Garden Holdings Co. warned earlier this month that first-half earnings probably tumbled...
Bloomberg
KKR's McVey Sees Emerging Market Currencies Bottoming
Oct. 21 -- Henry McVey, head of global macro and asset allocation at KKR, examines emerging markets with a focus on currencies and reflects on his three macro risks for markets. He speaks with Bloomberg's Erik Schatzker on "Bloomberg...
Bloomberg
China Huarong Gets State-Led Bailout
Aug.18 -- China Huarong Asset Management Co.’s bonds are recovering after a rescue package was unveiled on Wednesday. State-backed investors will recapitalize the bad-debt manager, ending months of speculation over whether Beijing would...
Bloomberg
Prestige's Schenker: Fed Rate Hike Will Hasten Recession
May 19 -- Jason Schenker, Prestige Economics president, discusses the outlook for Fed policy and oil prices with Bloomberg's David Gura on "Bloomberg Markets."
Bloomberg
Are Italian Banks in Line for a Bail-In?
July 13 -- Italian banks are lurking as the next big concern for European leaders searching for a solution to the nation's banking woes. Bloomberg's Elisa Martinuzzi reports on "Bloomberg Surveillance."