The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
FG Bancorp (NYSE: OFG) and Scotiabank (NYSE: BNS) have announced the signing of a definitive agreement for OFG’s subsidiary, Oriental Bank, to acquire Scotiabank’s Puerto Rico operation for $550 million USD in cash and Scotiabank’s US Virgin Island (USVI) branch ...
Hilton (NYSE: HLT) today announced the signing of ROK Hotel, Kingston, Tapestry Collection by Hilton, representing the brand’s debut in the Caribbean. Slated to open in 2020, the 168-room property, owned by PanJam Investment Limited, sits in a multi-purpose complex ...
Unisys Corporation (NYSE: UIS) Chairman and CEO Peter Altabef will participate in a panel discussion on “Technological Transformations and Threats” on April 11 as part of the George W. Bush Presidential Center’s Forum on Leadership, a landmark annual gathering to develop, recognize and celebrate leadership. Altabef will appear ...
The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things ...
