Saks Bond Suffers $1 Billion Loss Before a Single Payment Is Made Saks Global, a prominent player in the retail industry, has recently made headlines due to its staggering $1 billion loss before a single payment on its bonds is even made. This unexpected turn of events has sent shockwaves through the financial world, leaving […]
Google Joins Bid to Transform UK Bond Markets
In a significant development for the UK’s financial landscape, tech giant Google has joined forces with various notable players, including Norway’s sovereign wealth fund and UBS, to support a bid aimed at managing the UK’s forthcoming real-time bond tape system. This new initiative is expected to reshape the bond trading process by enhancing transparency and […]