Ex-Credit Suisse bankers are shaking up the US$1.3 trillion CLO market

Ex-Credit Suisse bankers are shaking up the US$1.3 trillion CLO market
(Image: Bloomberg)
Bloomberg
By Lisa Lee and Carmen Arroyo(Bloomberg) -- A crowd of large global banks is starting to muscle in on the lucrative business of arranging collateralised loan obligations, another sign that life is returning to this crucial US$1.3 trillion (NZ$2.1t) corner of corporate finance.Credit Suisse used to be a big arranger of collateralised loan obligations (CLOs) – vehicles that buy junk-rated company loans, bundle them together, and sell them as bonds. But the Swiss lender’s demise has opened the door to a raft of new contenders, inc...

More Bloomberg

Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025
Iran-Israel conflict spreads to hacks on banks, crypto
Bloomberg

Iran-Israel conflict spreads to hacks on banks, crypto

Pro-Israel hackers announced a new breach targeting an Iranian crypto exchange.

Bloomberg 19 Jun 2025
Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Bloomberg 15 Jun 2025
Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025