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FTX spent $256 million on Bahamas real estate — now the island's government wants it back
FTX spent $256 million on Bahamas real estate — now the island’s government wants it back
Bahamas regulators appeal to U.S. bankruptcy judge to try to claim ownership over FTX-owned properties in New Providence, Bahamas.
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Global distressed-debt funds circle China again, eye $256 billion bad-loans market © Reuters. FILE PHOTO: Illustration photo of a China yuan note By Matthew Miller BEIJING (Reuters) - Global distressed-debt specialists are stepping up their dealmaking in China after a decade, betting that the country is becoming serious about developing a market to tackle its $ 256 billion of official non-performing loans (NPLs). Groups such as Blackstone Group LP (N:) and Bain Capital Credit LP made their first inves... Stock Market News
