Three NZ academics have recently written that NZ’s Tertiary Education Sector is in deep financial crisis, and that our universities are losing their best p
Higher interest rates may be painful in the short term, but banks, savers and the financial ecosystem will be better off in the long run, says Sheila Bair,.
Few companies have felt the shock from soaring interest rates as much as those owned by private equity (PE). But thanks to surprisingly resilient earnings and their deep-pocketed owners’ talent for financial engineering most are avoiding disaster.
Markets shuddered Wednesday on worries about a spreading banking crisis and how badly it will hit the economy, and stocks and bond yields fell on both sides of the Atlantic. .
Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender s shares tumbled as much as 30 percent on .