Funding & Business
Swaps Pioneered by Credit Suisse Take On New Life in Age of War
Debt swaps pioneered by Credit Suisse to fund nature conservation are enjoying a second life, as bankers see an opportunity to apply the model to everything from post-war reconstruction to energy security.
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Deutsche Bank AG has regained its spot in the euro area’s main stock benchmark, seven years after being cast out of the gauge.
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Pulp and paper manufacturer Celulosa Argentina SA filed for bankruptcy protection Monday, blaming the government of President Javier Milei for creating a bad business environment for local industry.
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Europe’s largest leveraged buyout this year wasn’t done by a Wall Street giant like Blackstone Inc. or KKR & Co. Instead, it’s from a lesser-known British private equity firm that manages just €12 billion ($14 billion).
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