18 March 2025
The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, as the crisis enters its fourth month, market analysts are trying to decipher when events may normalize.
UniCredit has sold €17.7bn of bad loans to US investment funds Fortress and Pimco, as Italian banks continue their balance sheet clean-up efforts following the country’s profound recession.
IBA has finally received investor approval to restructure US$3.3bn of debt after months of wrangling.
Russia’s PIK Group has plans to ramp up capital markets activity in the coming years, as the firm announces a consolidation of its shareholder structure with company president Sergei Gordeev buying out two minority holders.
World Bank Group’s Rachel Kyte on climate change.
After 12 days of intense debate world leaders succeeded in agreeing a new accord to tackle climate change.
