Crisis Warning: The situation resembles the time before the global financial crisis
Former PIMCO chairman Mohamed El-Erian warns that recent developments in private equity lending are reminiscent of the period leading up to the major financial crisis.
Oi goes to court against creditors who were once reference shareholders of the company
The Brazilian telecommunications company Oi has filed a lawsuit against foreign funds, formerly influential shareholders, alleging abuse of power and undue influence during their tenure.
Pimco, the world's largest asset manager, plans to divest from the US amidst Trump's 'unpredictable' policies
Pimco, the largest bond manager globally, is diversifying its asset portfolio and reducing its American holdings due to the unpredictable policies of Donald Trump.