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Monday, November 3 2025
EU Wants Reassurance US Won’t Block AT1 Wipe-Outs If Banks Fail
Europe’s top official for winding down failed lenders is seeking reassurances that the US won’t stand in the way of regulators elsewhere forcing bondholders to take losses when big banks fail, Bloomberg News reported. Dominique…
Monday, November 3 2025
Romania Agrees to Sell Separately Core Assets of Liberty Galati Steel Mill
The government of Romania, the main creditor of the integrated steel mill Liberty Galati, part of the Liberty Steel group but currently under pre-insolvency procedure, agreed with the sale of the company’s core assets separately…
Monday, November 3 2025
Debt Recovery in Construction Could Add to Growing Number of Firms in ‘Critical Distress’, Experts Warn
In the last year, 7,361 construction companies in the UK were identified as being in ‘critical’ distress – a more than 70 per cent rise on the previous year, ConstructionWave.co.uk reported. Meanwhile, firms experiencing ‘…
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