Heard on the Street: Private equity under pressure
Heard on the Street: Private equity under pressure
These are anxious times for Europe’s private-equity groups. The buyout industry was banking on a revived IPO market and a thaw in credit conditions to stage a comeback this year. Yet six weeks into 2010, the industry is struggling with its bread-and-butter business: buying and selling companies.
Read more on eFinancial News
Asia Markets: Indian state-run banks may outpace private peers
Asia Markets: Indian state-run banks may outpace private peers
As the strengthening economic recovery in India drives demand for credit, some analysts expect state-owned lenders to outperform their private-sector peers due to their relatively ‘depressed’ valuations.
Read more on Market Watch
Australian Rate Outlook Dims as Private Sector Credit Falters
Australian Rate Outlook Dims as Private Sector Credit Falters
Australia’s Private Sector Credit grew at an annual pace of 0.8% in November, the least in nearly 17 years, threatening to undermine a self-sustaining economic recovery after the boost from government stimulus abates and arguing against another interest rate increase when the Reserve Bank of Australia holds their next policy meeting.
Categories: credit meld Tags: Australian, Credit, Dims, Falters, Outlook, Private, rate, Sector
Australia Private Sector Credit Up 0.1% In November
Australia Private Sector Credit Up 0.1% In November
(RTTNews) – The value of credit extended to private sector recipients in Australia increased 0.1 percent in November compared to October, the Reserve Bank of Australia reported Thursday.
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Irish Private Sector Credit Declines In November
Irish Private Sector Credit Declines In November
(RTTNews) – Ireland’s private sector credit declined 5.2% year-on-year in November, the country’s central bank said in a monthly report.
Read more on INO News