A new flurry of legal proceedings shows Cabot Financial is not finished pursuing borrowers in portfolios it has acquired from, or services on behalf of Irish banks. But who are the vultures operating off Dublin’s Belgard road?
Spurred by unprecedented low-cost long-term funding, Ireland needs to win the case in Brussels for splitting the capital budget from the current budget, and to fund the former separately as a long-term asset.
As the troubled global baking business releases crucial annual results, Sean Keyes and Thomas Hubert assess its chances of emerging from under a mountain of debt.
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