Long-term forecasts for impairment and capital are often built on the assumption that tomorrow will broadly resemble yesterday. Historical shock events such as the 1997 Russian debt default, the 2008 ...

Marathon Asset Management founder and CEO Bruce Richards has raised alarm bells about the private credit sector’s heavy exposure to the software industry, warning that default rates in ...

PUYALLUP, Wash. — Police are searching for a suspect after an armed robbery at a Puyallup credit union on Wednesday afternoon. Officers were dispatched at about 2:14 p.m. to Harborstone Credit Union, ...

A few weeks ago, analysts at UBS Group AG laid out a worst-case scenario for defaults in the private credit sector. Their outlook just became more grim. Strategists including Matthew Mish say private ...

OKALOOSA COUNTY, Fla. -- Strawberry growers in Okaloosa County are bracing for another round of bitter cold, hoping what remains of their crops can survive the Pensacola's Keyla Richardson returns ...

PARSIPPANY, N.J.--(BUSINESS WIRE)--60 percent of credit risk and fraud executives surveyed worldwide say AI and Decision Intelligence are their top planned investments for the year ahead. This is ...

Political and credit risks have long existed outside the traditional bounds of insurance. But as global finance becomes more exposed to geopolitical volatility and longer-dated transactions, these ...

The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries. The United States National Credit Union ...

If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: "I expect we'll ...

Artificial intelligence is adding a new layer of uncertainty to the private credit industry. The concerns center on how deeply private credit portfolios are tied to industries most exposed to ...

ST. LOUIS — Buy Now, Pay Later, often called BNPL, is the “pay in installments” option many shoppers see at online and in-store checkouts. It allows consumers to split purchases into smaller payments ...