Category : Search result: provisions for credit losses


How Lenders Spotted Red Flags at First Brands

Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.

Thai Conglomerate GULF Achieves 'A' Credit Rating

Thailand's Gulf Development Public Company Limited (GULF) secures an 'A' corporate credit rating with stable outlook from Japan Credit Rating Agency, reflecting strong financial health.

Visa, Mastercard to cut fees in major settlement

Visa and Mastercard reach a landmark settlement with U.S. retailers, reducing fees and allowing merchants to reject high-cost premium credit cards. Learn how this impacts Canadian businesses.

REAL CEO Rick Bennett Departs Regina Credit Union

Rick Bennett has departed as CEO of REAL, Regina's prominent credit union, amid organizational restructuring. The sudden leadership change comes as the financial institution navigates new strategic directions.

Manufacturing Downtime Costs $852M Weekly - New Report

New research exposes staggering financial losses from unexpected equipment failures in manufacturing, with companies losing up to $852 million weekly due to unplanned downtime and outdated maintenance strategies.

Corus Entertainment Reports $277.1M Q4 Loss

Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.

UBS Q3 Profit Soars, Trouncing Expectations

Swiss banking giant UBS reports blockbuster third-quarter earnings, crushing analyst forecasts as integration with Credit Suisse accelerates. Discover how strategic moves and market conditions fueled this impressive performance.

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