Richards Says Defaults, Downgrades Will Ramp Up

Richards Says Defaults, Downgrades Will Ramp Up

The stress on extremely levered firms goes to continue by the next two quarters amid the fresh elevated-for-longer charge environment, in response to Bruce Richards, chief govt officer of Marathon Asset Management….

Marathon CEO Richards Has the same opinion With Dimon: Support a long way off from the Banks

Marathon CEO Richards Has the same opinion With Dimon: Support a long way off from the Banks

Marathon Asset Administration CEO Bruce Richards says he sees investment alternatives in commercial actual property and says the credit market is in a “golden era.” He speaks on “Bloomberg Markets.”…