Patrick James borrowed billions, even after a string of failed businesses, in a reflection of the private credit industry and ...

Born in Kuala Lumpur, Malaysia, and educated in Ohio, Indian-origin businessman Patrick James built a sprawling American auto ...

First Brands chief Patrick James had been here before. Well over a decade before the lightning-fast collapse of his ...

Huge bankruptcies for used car firms have exposed Wall Street’s entanglement with the sector. Far from derisking after the ...

When $11.6 billion vanishes in a matter of weeks, Wall Street sits up and takes notice. That's the fallout from First Brands, the Rochester, Michigan-based auto parts supplier whose bankruptcy has ...

Rising receivables can disguise a business model under strain, however. Carillion, a building firm, collapsed in 2018, ...

Ethanol blending has transformed the balance sheets of sugar mills and India’s sugar cooperatives sector has benefitted immensely after Narendra Modi became the Prime Minister, Union minister Amit ...

(Bloomberg) --Federal Reserve Bank of New York President John Williams argued against the idea that central banks are resorting to unconventional tools when they seek to influence the economy through ...

NEW YORK: A newly appointed First Brands Group LLC board committee is investigating the company’s use of roughly US$2.3bil in off-balance sheet financing, which fuelled investor concerns before the ...

First Brands bankruptcy probe investigating financing irregularities related to invoices Auto parts maker First Brands has appointed a special committee of independent board directors to investigate ...