Private Credit’s Push for Retail Money Stokes New Vulnerability March 11, 2025 By Kat Hidalgo and Neil Callanan Private credit’s rush to attract money from retail investors is making the sector more vulnerable to the kind of liquidity...
Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall September 3, 2024 By Neil Callanan and Scott Carpenter Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of...
City of London Workers Still Haven’t Returned to Offices at Pre-Omicron Levels June 13, 2022 By Neil Callanan City of London workers are yet to return to the financial heartland in numbers seen before the spread of the...
Londoners Slowly Return to Work After Schools Reopened September 18, 2020 By Neil Callanan and Jessica Shankleman Londoners are slowly returning to work in offices, factories and stores after children went back to school at the start...
Growing Exodus of Workers from City of London Cripples Small Businesses March 19, 2020 By Neil Callanan, Greg Ritchie and Anooja Debnath At lunch hour, James Leahy’s Burrito Joe stall in the City of London’s financial district is usually buzzing as people...
Brexit Uncertainty Takes a Toll on UK Businesses: Report April 29, 2019 By Neil Callanan As talks on a Brexit deal fumble on, the uncertainty it has brought is hurting U.K. property firms and the...
Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion August 28, 2018 By Neil Callanan Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6...
UK Insurer ESure Receives $1.5 Billion Offer from Bain Capital August 13, 2018 By Neil Callanan ESure Group Plc has received an unsolicited offer of about 1.17 billion pounds ($1.5 billion) from Bain Capital Private Equity...
KPMG’s Audit Work Is of `Unacceptable Standard:’ UK Regulator June 19, 2018 By Neil Callanan, John Glover and Viren Vaghela KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the...
UK’s AA Plc Fires Executive Chairman Mackenzie for `Gross Misconduct’ August 1, 2017 By Neil Callanan The AA Plc removed executive chairman and director Bob Mackenzie from the company with immediate effect for “gross misconduct.” John...