With a view to the signing of the Pacte Nickel (Nickel Pact), Eramet and the French State have reached an agreement to extend the financial guarantees granted to SLN, enabling SLN to continue to run ...

NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), an insurance holding company, announced that at the special meeting of shareholders (the “Special Meeting”) held earlier ...

NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance ...

NEW YORK - A futures exchange that handled trades by failed broker MF Global said Friday it will cover as much as $300 million to help speed the release of funds frozen since the firm filed for ...

Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), an insurance holding company, yesterday signed a definitive agreement to sell its legacy financial guarantee businesses, Ambac Assurance Corporation ...

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group's legacy ...

Ambac Financial (NYSE:AMBC) plunged 19% after the company agreed to sell its legacy financial guarantee businesses, Ambac Assurance and Ambac UK, to funds managed by Oaktree Capital Management for ...

A soon-to-expand prohibition on nursing homes’ use of third-party financial guarantees could lead to more operators using lawsuits to collect as residents’ unpaid debt becomes a bigger financial ...

The Moldovan government has approved legislative changes to its electricity law to unblock the renewable energy market. The amendment, approved by the country’s cabinet of ministers last week, will ...

A personal guarantee is a financial noose that the guarantor puts their entire financial life into, and then waits to see if the trapdoor springs open. Some 30 years or so ago, I was in a trial in ...