7 d. ago What is private credit, and should we be worried by the collapse of US firms?

First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banksThe collapse of two US firms, First Brands and Tricolor, has shone a light on private credit and its growing influence in the global economy.The failures have led to ballooning losses at traditional banks, and, coupled with worries about the health of US regional banks, have raised concerns about weak lending standards and potential threats from an opaque corner of the so-called shadow banking sector. Continue reading...

Economics

7 d. ago UK stock markets tumble and banks impacted amid concerns over US credit

Barclays, with its substantial US operations, saw its stock fall by over 6 per cent

Economics

8 d. ago Ryder Cup hero 'to buy famous old team and bring in Luke Donald as manager'

Ryder Cup hero Justin Rose has teased that he wants to buy a non-league club and hire Luke Donald as manager following their Ryder Cup victory

Politics

1 week ago Credit Suisse loses 440 million US dollar claim against SoftBank Group

In early 2021, Credit Suisse found itself exposed to the collapse of Greensill Capital.

Economics

1 week ago JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures

Jamie Dimon expects further weak links in ‘shadow banking’ sector to be revealed after collapse of two US firmsThe boss of JP Morgan, Jamie Dimon, has warned over further losses linked to the private credit sector, saying more “cockroaches” could emerge after the collapse of the sub-prime auto lender Tricolor and the car parts supplier First Brands.The bank said on Tuesday that although it had no exposure to First Brands, which sells car parts across the US, it had taken a $170m (£128m) hit from Tricolor, which collapsed amid fraud allegations last month. Continue reading...

Economics

1 week ago "I would swap...": Scotland cult hero makes emotional World Cup address after hitting cap milestone

John McGinn is now the third most capped outfield player in Scotland’s history.

Events

2 w. ago Lewis Ferguson Scotland decision speaks volumes as Greece goal hero spells out magnitude of World Cup dream

Bologna midfielder struck his first goal for his country at a crucial moment as Scotland fought back to beat Greece at Hampden.

Politics

2 w. ago England World Cup hero Ray Wilson's artworks go on sale to raise money to fight Alzheimer's ahead of clash with Wales

Long after hanging up his boots, England World Cup legend Wilson picked up his pens and pencils and started drawing with the same sense of adventure that had defined his football.

Economics

2 w. ago Kenny McLean: Scotland will have a hero in this week’s World Cup qualifiers

Scotland take on Greece at Hampden Park on Thursday before hosting Belarus on Sunday.

Politics

2 w. ago Bob MacIntyre has Scottie Scheffler in his sights as Ryder Cup hero reveals plan to reach golf summit

The Oban ace lifted the Dunhill Links Championship at St Andrews on Sunday

Politics

2 w. ago Andy Murray's Dunhill Links partner was banished from course and called Ryder Cup hero 'twit'

Andy Murray partnered with DP World Tour star Eddie Pepperell at the Alfred Dunhill Links Championship in Scotland over the weekend, but the Englishman's career has been full of controversy

Politics

3 w. ago Robert MacIntyre battles brutal conditions to take share of lead on home soil

Ryder Cup star and local hero MacIntyre rose to the occasion.

Events

3 w. ago Robert MacIntyre battles brutal conditions to take share of lead at St Andrews

Ryder Cup star and local hero MacIntyre rose to the occasion.

Events

3 w. ago The unsung Ryder Cup hero credited as best in the business at one key thing

Edoardo Molinari receives rave reviews from Matt Fitzpatrick as the workings of Italian laid bare

Politics

3 w. ago Euro Ryder Cup hero slams Keegan Bradley for fan comparison as he insists Rome was nothing like Bethpage Black

Tyrrell Hatton is adamant there was no comparisons between crowd behaviour after US captain and PGA chief's comments

Politics

3 w. ago Waking up with a hangover... and a £230,000 bar bill! Europe's Ryder Cup hero Shane Lowry dances on a table as details of their 120

Captain Luke Donald's men retained the storied trophy amid a turbulent atmosphere at Bethpage Black in New York during a contest that became as notable for what was happening off the green.

Economics

3 w. ago Team Europe hero at risk of Ryder Cup 2027 ban breaks silence on golfing future

Tyrrell Hatton and Jon Rahm are both at risk of being banned from the Ryder Cup in 2027, but the Englishman is confident he will be able to play in the competition again

Events

3 w. ago Team Europe hero tackles 2027 Ryder Cup ban head on with final LIV verdict close

Tyrell Hatton and team-mate Jon Rahm could be kept out of the next Ryder Cup

Politics

3 w. ago ‘God help whoever fills his shoes’ – Lowry issues Fergie warning to Donald successor but captain hints at staying on

RYDER CUP hero Shane Lowry reckons following Luke Donald as European captain is as daunting as following in Sir Alex Ferguson’s footsteps at Manchester United. And back-to-back victorious skipper Donald refused to rule out a third stint at Adare Manor in 2027. The former world No1, 47, masterminded Europe to their first away victory on...

Events

3 w. ago Shane Lowry in Man Utd nod as Ryder Cup hero sends blunt message to Luke Donald successor

The Irishman would love to see the skipper stay on for a third term in charge

Politics