Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SFCG, a lender to small businesses, filed for court protection on Monday with debts of Y338bn, in Japan’s ...
SFCG Co., a Tokyo-based lender whose creditors include Citigroup Inc., filed for bankruptcy protection Monday, triggering a slump in financial stocks on concern the recession will cause more corporate ...
Moneylender SFCG on Monday filed for court protection in Japan’s largest bankruptcy of the current recession, suggesting tougher times are ahead for small Japanese companies seeking credit.
The news last week that SFCG Co, a Tokyo-based moneylender, in and of itself going bust is a big deal. With liabilities of over 300 billion yen, one yet again gets a feeling of endless replay with ...