Debt
Wealth managers
Wonga will write off the debts of 330,000 customers, worth £220m, after the FCA found flaws in its system for assessing the ability of borrowers to pay back their debts.
02 October 2014
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1 min read
Global
First State Investments' head of emerging markets debt Helene Williamson argues EM debt valuations have moved away from other fixed income markets, leaving it looking attractive.
12 August 2014
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Economics
Argentina has defaulted on its debt for the second time in 13 years after failing to reach an agreement with a group of bondholders.
31 July 2014
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Investment
The managers of the Ruffer investment company have made back two-thirds of their 2009 investment into distressed assets amid more favourable market conditions for some illiquid strategies.
14 July 2014
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Adviser / Broking
Wonga, the UK's largest payday lender, has been forced to repay £2.6m to customers by the Financial Conduct Authority (FCA) after the regulator found it sent fake legal letters to borrowers.
25 June 2014
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