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Insolvency

SMEs Finance Leapfrogs through Fintech Innovations

Gloria Grandolini | Posted 11.25.2015 | Impact
Gloria Grandolini

The World Bank Group, together with the SME Finance Forum and the G20, drafted the SME Action Plan on Financial Infrastructure on lowering barriers to SME financing. The proposed reforms aim to bring countries closer to international best practices by supporting modern and efficient lending.

The Fresh Start of a Bankruptcy May Restore Credit Faster

Richard Gaudreau | Posted 05.05.2015 | Money
Richard Gaudreau

People consider filing bankruptcy when the alternative has become worse. Figuring out if you are at that point though can be difficult. One misconception that makes people hesitate to file bankruptcy is the impact on their credit.

Bankrupt Sovereigns: Is There an Orderly Way Out?

Otaviano Canuto | Posted 08.10.2013 | World
Otaviano Canuto

An orderly sovereign debt restructuring would be one that places the debtor nation's public debt on a sustainable trajectory, while minimizing procrastination and contagion. However, orderly debt restructurings may remain elusive, even with high-powered official intervention.

Until Subnational Debt Do Us Part

Otaviano Canuto | Posted 06.15.2013 | World
Otaviano Canuto

The subnational debt market in some developing countries has been going through a notable transformation. Private capital is emerging to play an important role and subnational bonds increasingly competing with traditional bank loans.

FDIC New Frontier Report: Bank Was Warned Of Risky Practices As Early As 2004

The Fort Collins Coloradoan | Trevor Hughes | Posted 05.25.2011 | Denver

Federal bank regulators repeatedly warned the now-collapsed New Frontier Bank it was taking financial risks it could not cover and lacked the systems ...

Like Somali Pirates, Wall Street Holds U.S. to Ransom

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

All this daylight robbery and confusion takes place because policymakers -- at the US Treasury, the Federal Reserve and the British government -- do not understand what is going on.