May 2, 2023/Fox Business The Federal Deposit Insurance Corporation (FDIC) is seeking to reform its deposit insurance system in the wake of recent instability at multiple U.S. banks. FDIC, a state-owned corporation responsible for insuring commercial and savings banks, is proposing three possible restructuring plans for future operations. “The recent […]
Money Market
Facilitates Capital Raise for Access Holdings Plc, $300 Million Investment in Access Bank for its African Expansion Initiative
The investment banking firm is at the fore of driving company and business growth in Africa May 2, 2023/PAC Capital PAC Capital Limited (“PAC”) is pleased to have acted as the Lead Financial Adviser and Fund Arranger to Access Holdings Plc (“Access Holdco”) on its recently concluded US$300 Million Investment […]
German Banks Resilient to Falling Commercial Real Estate Values
May 2, 2023/Fitch Ratings German banks have the ratings headroom to withstand the likely deterioration of their commercial real estate (CRE) loan books, Fitch Ratings says. Fitch’s assessment of the banks’ asset quality is adjusted downwards for cyclical performance and already reflects CRE sector and single-borrower concentration. German banks’ […]
