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As rates near their peak, pain begins for Europe's borrowers | Libby Cherry & Greg Ritchie / Bloomberg

Interest-rate hikes may be peaking in Europe, but for the consumers, companies and governments that borrowed trillions of euros during the era of ultra-low borrowing costs, there’s still plenty of pain in store. Through the end of this decade, borrowers across the continent face repayment on a mountain of debt… ....

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Interest Rate Hikes: Households, Companies Across Europe Face Years of Pain

Interest Rate Hikes: Households, Companies Across Europe Face Years of Pain
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As Rates Near Their Peak, the Pain Begins for Europe's Borrowers

(Bloomberg) Interest-rate hikes may be peaking in Europe, but for the consumers, companies and governments that borrowed trillions of euros during the era of ultra-low borrowing costs, there’s still plenty of pain in store.Through the end of this decade, borrowers across the continent face repayment on a mountain of debt sold when financing costs were many times lower. Although the adjustment is painful in many places, including the US, it’s a particular shock in Europe, where interest rates ....

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Third Time's the Charm: Goldman Sachs Secures Class Decertification in Latest 2nd Circuit Clash Over Tainted CDO | Patterson Belknap Webb & Tyler LLP

On August 10, 2023, the Second Circuit Court of Appeals granted an emphatic victory to Goldman Sachs, Inc. in its long-running battle to snuff a securities fraud class action arising. ....

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Goldman Sachs, JPMorgan, Barclays set for key roles on Arm IPO

British chip giant prepares the biggest initial public offering in 2023Goldman Sachs Inc., JPMorgan Chase & Co., Barclays Plc have been lined up for key roles on chipmaker Arm's blockbuster IPO, according to reports quoted by fnlondon.com. ....

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