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Top related persons:
Julius Baer's - 1 Markus Allenspach - 1 Guy Miller - 1 Miller - 1 it's - 1 Aymen Mahmoud - 1 McDermott Will - 1 Emery - 1
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SBB - 1 P Global - 1 U.S - 1 ICE - 1 Zurich Insurance - 1 ABN AMRO - 1 European Central Bank - 1 London Finance - 1

Search resuls for: "London Finance"


3 mentions found


☆ Long-feared corporate debt woes start to hit home
  + stars: | 2023-07-18 | by ( Chiara Elisei Dhara Ranasinghe | Chiara Elisei | Dhara Ranasinghe | ) www.reuters.com   time to read: +5 min
LONDON, July 18 (Reuters) - The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating - facing higher borrowing costs as a result. Retailer Casino, with 6.4 billion euros ($7.19 billion) of net debt, is in court-backed talks with creditors; Britain's Thames Water is in the headlines with its 14 billion pound ($18.32 billion) debt pile. For FACTBOX: Corporate debt woes are on the rise, click here. Nonetheless, not all firms may be able to survive the challenges of vast debt, higher interest and business costs and declining profits.
Persons: Julius Baer's, Markus Allenspach, Guy Miller, Miller, it's, Aymen Mahmoud, McDermott Will, Emery, Elena Lieskovska, Chiara Elisei, Dhara, Christina Fincher Organizations: SBB, P Global, U.S, Reuters, ICE, Zurich Insurance, ABN AMRO, European Central Bank, London Finance, Bain Capital, Thomson Locations: Swedish, Spain, Europe
☆ Early-stage investor Black Seed wants to help create the Black Silicon Valley. It just raised $6.25 million to do just that.
  + stars: | 2023-06-13 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +3 min
London-based Black Seed has raised $6.25 million to back early-stage Black founders. The fund wants to create a "Black Silicon Valley" in London by investing in seed-stage startups. Black Seed, a VC fund dedicated to backing Black founders in the UK, has raised $6.25 million to invest in early-stage tech. Based out of Brixton, south London, Black Seed is the brainchild of Cyril Lutterodt and Karl Lokko. Black Seed has indicated that intends to raise the full amount.
Persons: Cyril Lutterodt, Karl Lokko, Lutterodt, We've, Lokko, hasn't, Black, haven't Organizations: Molten Ventures, Ventures, University of Texas, WestRiver Locations: London, Brixton, Manchester, Europe, Atomico, Black, Soho, Mayfair
☆ Don’t Wear Blah Gingham Like a Finance Bro. Go for This Actually Cool Pattern Instead.
  + stars: | 2023-05-27 | by ( Grace Cook | ) www.wsj.com   time to read: 1 min
DON’T BE THESE GUYS Textbook blue-and-white gingham shirts are a blah, corporate staple these days. Photo: RYAN MESINA/THE WALL STREET JOURNALEARLIER THIS YEAR, Brett Miles surprised himself. The 37-year-old left his London finance job and moved to Milan to start afresh. Step one: He bought a pair of pants bolder and more fashion-forward than anything he’d worn in his previous corporate life. “They’re my liberation pants,” said Miles.
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