article thumbnail

Gov. Jim Justice Faces Heavy Business Debts as He Seeks Senate Seat

The New York Times: Banking

The Justice companies have long had a reputation for not paying their debts. But that may be catching up to them.

Debt 145
article thumbnail

Array Acquires Payitoff to Strengthen its Intelligent Debt Management Offerings

Global Newswire by Notified: M&A

Array acquired Payitoff, a pioneer in private-label, embedded debt guidance solutions for financial institutions, fintechs and brands.

Debt 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Brookfield Asset Management wraps up third infrastructure debt fund

PE Hub

BID III's limited partners include public and private pension plans, sovereign wealth funds, financial institutions, endowments, foundations and family offices. The post Brookfield Asset Management wraps up third infrastructure debt fund appeared first on PE Hub.

article thumbnail

Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

The New York Times: Banking

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.

Debt 145
article thumbnail

World Bank Warns of Record Debt Costs for Developing Countries

The New York Times: Banking

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.

Debt 89
article thumbnail

Credit Card Debt Hits New Peak as Some Borrowers Face Financial Strain

The New York Times: Banking

Debt rose to more than $1 trillion in the second quarter, a report found — a sign of financial strain for some, even before student loan payments resume.

Debt 98
article thumbnail

A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff

The New York Times: Banking

The government has avoided default, but the effects of the debt-ceiling brinkmanship may still ripple across the economy.

Debt 94