Corporate Bond Markets news and trends

Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say

March 13, 2020
Banks are in emergency mode due to numerous coronavirus-related challenges
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Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say

March 13, 2020
Banking officials are in a panic over the coronavirus as it upturns their revenues, with PJT Partners restructuring specialist Tim Coleman describing the viral pandemic as “like a cross between September 11 and the global financial crisis of 2008.” To mitigate the crisis, leaders are convening special meetings to address the swelling number of businesses […]