Chicago Mayor Brandon Johnson's proposal to borrow $830 million for infrastructure repairs has not only raised eyebrows but has also sparked a fierce political debate regarding the city's fiscal prudence. The plan aims to tackle Chicago's dilapidated streets, sidewalks, and bridges,
In a noteworthy development for the reinsurance landscape, AM Best recently affirmed the Credit Ratings for Ocean International Reinsurance Company Limited (Ocean Re). This affirmation maintained Ocean Re’s Financial Strength Rating at A- (Excellent) and its Long-Term Issuer Credit Rating at &
The private credit market is experiencing significant growth, with assets under management projected to reach $3 trillion by 2028. This rapid expansion presents numerous opportunities for both lenders and borrowers, offering enhanced returns amid higher interest rates and increasingly sophisticated
Since their introduction in 2018, the Green Loan Principles (GLP) have become the cornerstone of the green loans market. These principles ensure that green loans, which are loan instruments intended exclusively for financing environmentally-focused projects, align with sustainable and ecological
Finding a reliable direct lender for bad credit loans can be quite a challenge, especially when you're already feeling the financial pinch. Imagine being in a situation where your credit score has taken a hit due to unfortunate circumstances, yet you find yourself in immediate need of funds to
An ambitious proposal put forth by the national trade association ABCUL aims to significantly reshape the credit union common bond framework, emphasizing the importance of targeted modifications to sustain and expand the credit union sector in the UK. Recent trends highlight a decline in the number
