Distressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…
Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right nowHigher interest rates may be painful in the short term, but banks, savers and the financial ecosystem will be better off in the long run, said Sheila Bair,…
Read more ‘Banks fail. It’s OK,’ says former FDIC chair Sheila Bair.Getting staff back to the office is only part of the battle. Regional banks that went big lending on office properties also face a ticking time bomb of…
Read more Why the Fed’s next decisions on rates could lead to a wave of commercial-debt defaultsKey-card swipes don’t tell the whole story. Chicago, Philadelphia and Houston have some of the highest percentages of problem office loans when looking at delinquency rates and other…
Read more Problem office loans are piling up in Chicago and Houston, but not yet in San Francisco
