Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Only about $4.27 billion ...

Some hospitals mark generic cancer drugs five times higher than Medicare rates, impacting pricing transparency for U.S. health systems.

Hong Kong – Bloomberg announced today that Shanghai Commercial Bank (“SHCB”), a leading bank in Hong Kong with a presence in the United Kingdom, United States of America and Mainland China, has ...

Leading private bank in Taiwan to adopt Bloomberg’s trading and risk solutions to automate its workflow and support the diversification of its business lines Taiwan – The Shanghai Commercial & Savings ...

Streaming audio service TuneIn is expanding on its partnership with financial news service Bloomberg to include a commercial-free local broadcast feed for TuneIn’s premium subscribers. The multi-year ...

The value of distressed US commercial real estate neared $80 billion in the third quarter, its highest level in a decade, as rising interest rates and sagging office demand shook the property market.

Treasury Secretary Janet Yellen said that while losses in commercial real estate are a worry, US regulators are working to ensure that loan-loss reserves and liquidity levels in the financial system ...

The financial data and media giant led by former New York Mayor Michael Bloomberg has signed an 11-year renewal for 495,753 ...

The troubles in the US commercial property market, which have already hit banks in New York and Japan, moved to Europe this week, elevating fears about broader contagion. The latest victim was Germany ...

Property lenders have often been willing to work with borrowers since the pandemic upended commercial real estate. Increasingly, their patience is running out. There were 635 US commercial real estate ...

Norway’s $1.4 trillion sovereign wealth fund isn’t budging in its view on commercial real estate even as soaring borrowing costs and falling values ravage the sector, Chief Executive Officer Nicolai ...