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Core inflation, rising rates remain main credit risks

Future CFO

When it comes to the main credit risks, inflation and interest rates remain the most significant watch item for global credit, said Fitch Ratings recently. Included in these risks is a focus on commercial real estate (CRE) and rising challenges to China’s post-Covid recovery, according to the firm.

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Lending Club’s Terrible Twos

PYMNTS

Stock prices opened at $15 but popped pretty immediately thereafter, shooting up 56 percent by the end of the first day — and locking Lending Club’s valuation in at $8.5 Lending Club’s valuation never got much higher than that $10 billion mark, but it did manage to keep its share price above its IPO value for the first half of 2014.

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B2B eCommerce Tips The VC Scales

PYMNTS

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. FinBox plans to use the investment on product research and development. Both Greensill and SoftBank declined to comment.

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LendingClub Settles With SEC, DOJ

PYMNTS

Its stock popped 56 percent in the first day of trading, leaving the company’s post-IPO valuation at $8.6 “Advisers who adjust their valuation processes to boost results are in breach of their duties to investors.”. Within five days of that IPO, LendingClub’s value had grown to $10 billion. The Problems and the Reformation.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

I did an internship in the summer at Citibank Securities in fixed income sales and trading. But the reason I went to Merrill is because they had this unique global debt rotation program that allowed you to rotate through a couple different business units in fixed income, sales and trading. And I knew I wanted to do trading.

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Transcript: Rick Rieder

Barry Ritholtz

And then somebody convinced me to go into sales and trading, and I decided to do that. But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And actually, I was going to go and do something different.

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Transcript: Armen Panossian

Barry Ritholtz

But at the end of the day, the companies we invest in are bottoms up or based on bottoms up credit analytics that we have the conviction and we’ll return par plus accrued through through a cycle. And if they don’t, we’re happy to own them at the valuation that we are creating that company act.