GOLDMAN Sachs Group and Morgan Stanley are increasingly willing to temporarily hold onto some of the riskiest parts of new collateralized loan obligations (CLOs), in a bid to win more market share in the once again booming business of helping firms package leveraged loans into bonds.
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Commentary: Companies are getting worse at laying people off
Businesses sometimes need to retrench employees. But that doesn’t mean those cuts need to be sloppy or cruel, says Beth Kowitt for Bloomberg Opinion....
