(Reuters) - "We are looking for people in distressed," Clarke told
Reuters. "We view distressed as an area where we're planning to
grow." He declined to provide specific expansion targets.
Bankers, analysts, accountants and rating agencies have
predicted that economic slowdown and rising debt levels and
interest rates will increase the number of distressed companies
and corporate credit defaults in the medium term.
Read more at Reuters.com Market News
Reuters. "We view distressed as an area where we're planning to
grow." He declined to provide specific expansion targets.
Bankers, analysts, accountants and rating agencies have
predicted that economic slowdown and rising debt levels and
interest rates will increase the number of distressed companies
and corporate credit defaults in the medium term.
Read more at Reuters.com Market News
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