S&P Global

9 Oct

Handelsbanken and Swedbank Ranked World’s Safest Banks in Global Finance List

Swedish major banks have climbed significantly in this year’s ranking of the world’s 50 safest commercial banks, compiled by industry magazine Global Finance. Handelsbanken and Swedbank take first and second place, respectively.

Business

6 Oct

Rising US Interest Rates Squeeze Highly Leveraged Companies as Missed Payments Increase

Highly leveraged companies are finding it increasingly difficult to cope with rapidly rising interest rates in the US. Financing plans are being put on hold, maturities on new loans are getting shorter, and missed payments are becoming more frequent among companies with the lowest credit ratings, the Financial Times reports.

Business