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Farm credit funding parent corporation has more than $400bn of debt securities outstanding that supports its lending

NAV loans can buy time but cannot stop the inevitable if businesses have not improved

Plus, Q&A with JPMorgan’s co-head of sports, and more

Plus, one of the billionaire Issa brothers steps back from Asda and the antitrust case rattling American fashion houses

Plus, Byju’s creditors go after the fallen edtech founders in US court and the chair of UBS scorns Switzerland’s proposed capital rules

Plus, Adidas bounces back from Yeezy debacle

Plus, the $25bn supermarket fight kicks off and private equity strikes its first two deals for a piece of the US National Football League

Plus, James Gorman gets a promotion at Disney and how Jeff Yass turned gambling wins into a colossal trading giant

Are they cyclical or structural?

White Wolf’s planned funds will hold private equity and commercial real estate companies