Coface Updates Sector Risk.
Breaking News
The IMF calls banks, policy makers, and other key players in both advanced and emerging markets to address economic problems immediately. IMF warned that current issues and uncertainty could lead to a new financial crisis or economic stagnancy in a global sense.
A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business.
Google's mess in China should concern the company as it brings risks of being used as a blueprint in the US.
The Help to Buy scheme of George Osborne risked creating a new housing bubble.
Banks computed risks differently, according to Basel Committee.
