Wednesday , September 26 2018

Banking

Brexit means urgent refinancing as credit risks loom, says KPMG

Bloomberg Mid-size UK companies may have just two months to refinance before a probable Brexit squeeze in credit markets, according to KPMG. Borrowers should lock down “refinancing before the end of October,” particularly exporters exposed to sales in euros, Joe Cassidy, KPMG’s Brexit banking and capital markets lead, said in ...

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StanChart’s Winters wants to ‘take a look’ at Ethiopia banking

Bloomberg One emerging market has so far eluded Standard Chartered Plc Chief Executive Officer Bill Winters: Ethiopia. Winters, head of London-based Standard Chartered since mid-2015, would “love to think that there are opportunities” in Ethiopia, he said in an interview in Nairobi, Kenya. The problem is that it’s entirely closed ...

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