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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

Our Red Flag research shows that a recent loss of momentum in the economy is putting increased financial pressure on U.K. Businesses considered to be in “significant” financial distress have had a minor County Court Judgment filed against them, or have been identified by Begbies Traynor’s credit risk scoring system.

Numbers 46
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Trade Credit Insurance

Finvisage

Today corporates all around the world extensively engage themselves in Financial Risk Management processes to mitigate their exposure to adverse consequences resulting from threats and uncertainties; TCI is one such process. It does not aim to replace profits lost on the transaction. The PMI by the IHS Markit/CIPS fell to 47.4

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Data Dive: Disappointment Edition

PYMNTS

Disappointed millennials rejected by credit card companies. Disappointed Amazon investors — who were happy to hear about the profits, but wanted more of them — followed by disappointed Amazon execs who watched their share price take a haircut. Amazon – Sometimes Profit Isn’t Enough. Amazon did make a profit last quarter.

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Transcript: Sean Dobson, Amherst Holdings

Barry Ritholtz

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.