Davide Scigliuzzo

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Wall Street Faces Billion-Dollar Losses On Sinking Buyout Debt

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The scale of the problem will become clearer when banks release second-quarter earnings.

Private Equity's Latest Deal Wave Brings More Leverage Than Ever

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Last year, companies backed by private equity firms took on debt equal to an average of six times earnings.

Wall Street's ESG Loans Charge Corporate America Little For Missed Goals

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Critics say companies are presenting overly polished images of their ESG commitments and results.

Wharton Reveals Record Bitcoin Gift Amid Crypto Market Rout

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A bitcoin rout occurred just as UPenn was set to announce its largest ever donation in a cryptocurrency.

Junk Buyers Desperate For Debt Are Pressing Companies To Borrow

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Many bond offerings have almost sold out before they’re even officially put up for sale.

The Rich Are Minting Money In The Pandemic Like Never Before

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Many economic policies during the pandemic, especially the Fed's, have helped the wealthy become even more so.

A Chasm Deepens In America's Credit Markets, Swallowing Smaller Firms

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The divide over access to corporate credit—who can get it, and who can’t—is likely to deepen.

Wall Street

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Private equity partners do not seem enticed by the low rate environment.

Wall Street Puts Guardrails On LBO Deals After Crisis Markdowns

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As market conditions improve, lenders are building better protections into LBOs they sign up for.

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