Some lenders’ balance sheets are less affected by a rising federal funds rate
Including intangible assets in book value vastly improves the strategy’s returns
We won’t call it debunking, but not all investing tips hold up
Lenders financed expansion in some markets, offsetting problems in others
Syndicate voting rules reflect varying levels of trust and familiarity
An unusual data trove from Greece’s economic collapse reveals the practice
How a localized flood may result in fewer loans to a far-off community
Stocks don’t react to news immediately because, well, we’re human
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting
Known as collateralized loan obligations, their aim is actually to reduce risk
Forced sale of assets could stretch illiquidity across industries
Tax policy change triggers an incentive for lenders to be more aggressive