Investment firm B. Riley is reportedly being scrutinized after recently warning of its biggest-ever quarterly loss. As Bloomberg News reported Wednesday (Aug. 21), retail investors are bearing the brunt of the company’s troubles. Based in Los Angeles, B. Riley bills itself as the leading firm when it comes to...
Rating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be downgraded than to be upgraded. That’s the first time this has been the case in this part of the U.S. corporate bond market since the end of 2021, the Financial Times...
Are corporate borrowers resigned to higher interest rates? Wells Fargo thinks so. In an interview with Bloomberg Television on Friday (Sept. 15), Maureen O’Connor, global head of high-grade debt syndicate at the bank, said companies are seeing a desire for new bond sales in investment-grade and high-yield debt...
An executive at America’s largest bank is confident corporate bonds will weather the recent banking industry turmoil. In an interview with Bloomberg News Tuesday (March 28), Jed Laskowitz, a chief investment officer at J.P. Morgan Asset Management said that investment-grade credit can provide returns “in...
September 16, 2024
Cherry is reportedly gauging investors’ interest in a potential bond tied to buy now, pay later (BNPL) loans for dental or medical aesthetic treatments like cosmetic surgery. The startup payment company is setting up meetings over the coming weeks, Bloomberg reported Monday (Sept. 16), citing unnamed sources. This project is in its early stages and the firm could […]
August 21, 2024
Investment firm B. Riley is reportedly being scrutinized after recently warning of its biggest-ever quarterly loss. As Bloomberg News reported Wednesday (Aug. 21), retail investors are bearing the brunt of the company’s troubles. Based...
May 27, 2024
Rating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be downgraded than to be upgraded. That’s the first time this has been the case in this...
September 17, 2023
Are corporate borrowers resigned to higher interest rates? Wells Fargo thinks so. In an interview with Bloomberg Television on Friday (Sept. 15), Maureen O’Connor, global head of high-grade debt syndicate at the bank,...