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Blue Ridge Bank Appoints Beale CEO

Blue Ridge Bankshares, the holding company of Blue Ridge Bank and BRB Financial Group, appointed G. William Beale CEO of the bank, effective immediately. Brian K. Plum will continue as president and CEO at the holding company and focus on broader strategy. ....

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Union Bank slashes home loan interest rate to all-time low of 6.40%, check SBI, LIC HFL's offerings | Personal Finance News

In what could be great news for home buyers, the Union Bank of India has reduced interest rates on home loans to an all-time low of 6.40%. ....

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DoubleLine Publishes Paper: "SPAC Impact on Leveraged Finance Markets"

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LOS ANGELES, April 28, 2021 /PRNewswire/ In a new research paper, Robert Cohen, CFA, Director of the Global Developed Credit team at DoubleLine Capital LP, studies the impact of special purpose acquisition companies (SPACs) on target companies and their debt before and after the targets merger into SPACs.
While the proliferation of SPACs in 2020 and this year has raised legitimate concerns about the risks to equity investors, Mr. Cohen found the SPAC target companies in his study in general emerged post-merger in stronger financial condition, an improvement that was reflected credit quality of their debt. ....

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DoubleLine Publishes Paper: "SPAC Impact on Leveraged Finance Markets"

DoubleLine Publishes Paper: "SPAC Impact on Leveraged Finance Markets"
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