Michael Chu - Profile and Journalist Details
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Michael Chu
Verified
Producer, CP24
Toronto
Beats
Content
By Michael Chu Verified| BNN Bloomberg Verified The Company focuses on lending top middle market companies. Business Development Companies were formed to give Businesses that could not get capital directly from Wall Street or Traditional Banks. Since 2008, with the increase regulation on traditional banks, e.g. Basile 3, Dodd Frank, traditional banks are lending less and less to business, BDC are filling this void. As well they are providing Private equity firms the ability of provide credit to many of the private companies they own.
By Michael Chu Verified| BNN Bloomberg Verified John Stephenson, President & CEO, Stephenson & CompanyFocus: North American Large Caps and Resource Stocks_______________________________________________________________MARKET OUTLOOK:Uncertainty has once again become the focus of the market with investors weighing the impact of negative interest rates in Europe and Japan and the upcoming Brexit vote.
By Michael Chu Verified| BNN Bloomberg Verified The Company focuses on lending top middle market companies. Business Development Companies were formed to give Businesses that could not get capital directly from Wall Street or Traditional Banks. Since 2008, with the increase regulation on traditional banks, e.g. Basile 3, Dodd Frank, traditional banks are lending less and less to business, BDC are filling this void. As well they are providing Private equity firms the ability of provide credit to many of the private companies they own.
Company Info
CP24
Breaking news from Toronto and across the GTA, live from CP24's headquarters at 299 Queen Street West.
Toronto, Canada
+1 416-440-6398