Ermutigende Signale von den Kreditmarkten
Financial Times Deutschland reports: Financial Times (Germany)
"Encouraging signals from the credit markets"
(Auto-Translated from German) "Confidence is slowly returning in the financial world, with positive news even on loans to foreign-financed acquisitions. But the risks for the industry are still large."
"During the financial crisis, leveraged loan banks have been severely burdened; they could scarcely issue loans to the market as it existed prior to the outbreak of turmoil. The price decline led to depreciation. Meanwhile, the institutions had their pre-crisis high largely dismantled: Citigroup at the end of the first quarter had less than $10 billion in leveraged loans - compared with $57 billion at the end of the third quarter of 2007."
"No more huge write-offs on leveraged loans threaten to increase the risks associated with commercial real estate lending. The number of loans for which the debtor is insolvent had increased in the first quarter by 43 percent, according to the research firm Real Capital Analytics. 3,678 buildings in the U.S. are affected."
View the full article on Financial Times Deutschland: Ermutigende Signale von den Kreditmarkten
Posted by: Nina Turner