Category: Finance

Lawyers often tell their clients that everyone should have a will that clearly states who should inherit their assets after they die. But even having a will is not necessarily enough to avoid a costly and contentious legal dispute. Consider what happened after Jimmy Buffett died of skin cancer at the age of 76 in […]

Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, […]

The European Bank for Reconstruction and Development (EBRD) has extended a €25 million loan to PBZ Leasing for on-lending to micro, small, and medium-sized enterprises (MSMEs) in Croatia. The facility is designed to improve access to finance for the private sector, with 30% earmarked for green assets, including energy-efficient technologies and equipment. The initiative supports […]

Blackstone has agreed to purchase $2 billion in commercial real estate (CRE) loans from Atlantic Union Bankshares at a discount of approximately 7%, paying around $0.93 per dollar of face value. Deal Overview The portfolio includes performing loans backed by multifamily and neighborhood retail properties. These loans were originally issued by Sandy Spring Bank, which […]

In a major financial lifeline, China has rolled over $3.4 billion in commercial loans to Pakistan, helping the country meet a key foreign reserves target set by the International Monetary Fund (IMF), a senior finance ministry source confirmed Sunday. The support includes the rollover of $2.1 billion that has remained with Pakistan’s central bank for […]

Twenty-five years ago, “The Perfect Storm” roared into movie theaters. The disaster flick, starring George Clooney and Mark Wahlberg, was a riveting, fictionalized account of commercial swordfishing in New England and a crew who went down in a violent storm. The anniversary of the film’s release, on June 30, 2000, provides an opportunity to reflect […]

Global energy markets, such as those for oil, gas and coal, tend to be sensitive to a wide range of world events – especially when there is some sort of crisis. Having worked in the energy industry for over 30 years, I’ve seen how war, political instability, pandemics and economic sanctions can significantly disrupt energy […]

Warsaw, Poland – June 27, 2025 – The European Bank for Reconstruction and Development (EBRD) has extended a PLN 300 million (€70 million) Sustainability-Linked Loan to Światłowód Inwestycje (S-I), Poland’s largest wholesale-only fibre infrastructure operator, to support its network expansion in semi-urban areas and to refinance existing debt. The financing is part of a broader […]

What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely. Today I am a business-school educator, but I began my career in the corporate world. I faced a […]