Behind the mask

Article Abstract:

The borrowing costs of corporate bonds issued by Japanese long-term credit banks have risen, and corporate clients will have to bear the increase. The widening spreads between corporate bonds indicate a growing credit risk in the Japanese banking industry.

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Credit where not due

Article Abstract:

The impact of the saleof FirstPlus's mortgage portfolio, and the reasons for the company's problems are examined in detail.

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Built on sand

Article Abstract:

A mortgage lending scheme has been launched in Russia, managed by Delta capital, and backed by the US government.

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