Dubai’s VFS Global seeks $2bln in term loans to refinance debt
The facility will consist of USD and euro loans. VFS Global, the Zurich and Dubai headquartered provider of outsourced visa and consular services, is looking
Transmission of liquidity shocks through non-bank financial intermediaries: Evidence from the International Banking Research Network
The role of non-bank financial intermediaries in funding markets and financial crises has increased in recent decades. This column examines the rise of the sector
How fund design affects volatility – by shaping both trading and investor composition
Exchange-traded funds and open-ended mutual funds have grown rapidly, and they are increasingly expanding into illiquid asset classes such as corporate bonds. This column argues
