Weeks after nabbing CFO of Reliance Power, ED makes another arrest in Rs 68 crore bank loan ‘fraud’ case

Weeks after arresting the chief financial officer (CFO) of Reliance Power Limited, the Enforcement Directorate (ED) on Thursday arrested another man, Amar Nath Dutta, as part of a money-laundering probe…

Alleged loan fraud is frustrating but isolated

A screen displays that trading is halted for Western Alliance Bancorporation on the floor of the New York Stock Exchange (NYSE), May 4, 2023. Brendan McDermid | Reuters Western Allianceone…

US Leveraged Loan Market Under Strain as More Deals Are Pulled

The US leveraged loan market is coming under further pressure with its second pulled deal in a week and a slew of investor-friendly changes made on other transactions to help…