Switzerland's financial supervisor has been scrutinising how UBS vets risky wealthy clients that it wants to transfer from Credit Suisse, sources said, as the regulator takes a hands-on approach to the bank's integration of its fallen rival, Reuters.

Stonegate Pubs, the UK’s biggest pub operator, is starting a large debt refinancing with a bond sale and a £250 million cash injection from its private equity owner TDR Capital. The company is selling the equivalent of around £2.1 billion ($2.7 billion) in bonds, which will be split between sterling fixed-rate and euro floating-rate senior secured notes, according to a person familiar with the matter. Only about £670 million will be marketed by banks led by Barclays Plc. The rest is to be bought by existing investors.

Consulting firm Falkensteg has been commissioned to carry out an international sales process of insolvent German microinverter manufacturer Solarnative, PV-Magazine.com reported. "Solarnative has developed a good market position. With the right investment, the company can fully exploit its potential and successfully open up the market for rooftop systems,” the Solarnative's provisional insolvency administrator Jan Markus Plathner from the law firm Brinkmann & Partner said. He sees the sales process as a good opportunity to restructure and continue the company's business.

Bordeaux have filed for bankruptcy just days after they were relegated to the third tier of French football after Liverpool soccer club’s owner withdrew from takeover talks, the former Ligue 1 club said on Thursday, Reuters reported. Earlier this month the six-times French champions were demoted from Ligue 2 by the National Directorate of Management Control due to financial concerns. Once Liverpool’s owner, Fenway Sports Group, pulled out from takeover talks, it effectively ended the club's survival hopes.

A group of Thames Water’s creditors including BlackRock Inc. and Elliott Investment Management LP formed a coordination committee as talks kicked off with the struggling utility over options to restructure its debt load, Bloomberg News reported. The committee formed last week is part of a larger group of creditors who are being advised by investment bank Jefferies and law firm Akin Gump, said the people, who asked not to be named discussing private information. The broader group holds about £8.5 billion ($10.9 billion) of Thames Water debt.

Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine, the Associated Press reported. The bank raised the rate by 200 basis points to 18.00%, noting that inflation has accelerated and is developing “significantly above” its forecast. “Growth in domestic demand is still outstripping the capabilities to expand the supply of goods and services,” the bank said in a statement.

Austrian real estate developer Imfarr Beteiligungs GmbH filed for insolvency in a Vienna court on Tuesday, citing higher financing costs and a drop in demand for office spaces, Bloomberg News reported. Imfarr, which invests in commercial properties in Germany and Austria, said it failed to complete construction projects and sales transactions after the “unexpectedly rapid rise in interest rates,” according to a statement from Austrian creditor’s association KSV1870. “Demand for office real estate in Germany came to a complete standstill,” the filing said.

Selina Networks filed for bankruptcy on Monday, citing a 95% drop in stock value since its IPO, massive debts, and an inability to meet financial obligations with its investors, the company informed the Inter-American Development Bank, YnetNews.com reported. Listed on NASDAQ 18 months ago with a valuation of $1.2 billion, Selina's stock price has plummeted by 99%, leaving the company valued at about $20 million. Facing potential delisting from NASDAQ, the company's stock price has fallen below the minimum threshold.

Embattled French IT company Atos SE has appointed its sixth chief executive officer in less than three years, as the group moves ahead with its creditors’ restructuring plan, Bloomberg News reported. Atos Chairman Jean-Pierre Mustier will take over as CEO from Paul Saleh to steer the company through the final stages of the bailout agreement, the company said in a statement on Wednesday. He will remain chairman of Atos’ board.

Scotland’s corporate insolvencies dipped by 3.1% in Q1 2024-2025 compared to the previous fiscal year, totaling 283, Scottish Financial News reported. Despite this decrease, figures are still 17.9% higher than pre-pandemic levels.