Media Release: Financial Worries Rise and Match Health Concerns as Cost-of-Living Pressures Mount in 2026 July 6, 2026 Globally, people are united in their top personal worries: Financial and health issues rank at the top in 2026, averaging 13 percentage points ahead of other concerns. Financial pressure is prominent across Europe, rising in France, Germany, and U.K., and emerging as a top concern in newly measured markets, Spain and Switzerland. Allianz published these results in “The Allianz 3am Report 2026,” which surveyed 10,000 people across 10 countries worldwide about what keeps them awake at night. Addressing financial concerns requires accessible, targeted financial and risk education. To support this, Allianz has launched the “Allianz School For Life” learning platform.
KBRA Assigns Preliminary Ratings to Morglas ABS 2026-1 PLC July 2, 2026 KBRA UK (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Morglas ABS 2026-1 PLC (Morglas 2026-1), a UK consumer loan ABS backed by a static pool of unsecured, fixed rate, fully amortising personal loans originated by Admiral Financial Services Limited (AFSL). Morglas 2026-1 will issue multiple classes of notes totalling [...]
Cardo AI Emerges as the Defining ABF Specialist in Chartis Research’s 2026 Global Rankings July 1, 2026 Cardo AI, the technology platform purpose-built for asset-backed finance and private credit, today announced it has been recognised in two Chartis Research STORM reports, ranking 19th in BuySideRisk 50 and 25th in QuantTech 50, among the most authoritative independent assessments of risk technology vendors globally. In the BuySideRisk 50, Cardo AI climbed 13 places from [...]
Algoma Central Corporation Announces Refinancing of Long-Term Debt June 30, 2026 Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, today announced that it has completed an amendment and expansion of its senior secured financing facilities. Proceeds from the expanded financing facilities will be used to repay the Bank Revolver (as defined below), to finance the Company’s investment opportunities, and [...]
KBRA Assigns Preliminary Ratings for Golub Capital Partners Euro CLO 89(M) DAC June 26, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of notes issued by Golub Capital Partners Euro CLO 89(M) DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of middle market corporate loans. Golub Capital Partners Euro CLO 89(M) DAC is managed by GC Investment Management LLC (“GCIM” or the“collateral [...]
Ares Management flagship private credit fund slammed with withdrawal requests June 25, 2026 Ares Management was plagued by investors attempting to pull out over $1.5bn from one its flagship private credit funds in the second financial quarter, as wealthy individuals continue to flee the asset class. The firm’s Ares Strategic Income fund, which holds roughly $11bn (£8.3bn), said it has received redemption requests worth 14.4 per cent of [...]
KBRA Assigns Preliminary Ratings for RRE 31 Loan Management DAC June 25, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of Notes issued by RRE 31 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 31 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the “collateral manager”). [...]
Taktile Secures $110M in Goldman Sachs-led Series C to Power AI Transformation in Financial Institutions June 24, 2026 Growth Equity at Goldman Sachs Alternatives backs Taktile as a leading enabler of AI-driven efficiency and performance gains in banks and insurers.
HSBC bags £135m from former Silicon Valley Bank as job cuts push up restructuring bill June 24, 2026 The rescued UK wing of Silicon Valley Bank has paid another bumper dividend to HSBC as it racked up costs amid a sweeping restructure. HSBC Innovation Banking – the branding bestowed on the collapsed Silicon Valley Bank UK (SVBUK) – was taken over by Europe’s largest lender in March 2023 as ministers, regulators and banking [...]
FICO UK Credit Card Market Report: April 2026 June 24, 2026 Balances return to record high as spend increases and repayments fall, suggesting inflation and energy prices are hitting hard