Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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Introduction
10 Nov 2008
SMP
– November 2008
September also saw the demise of the large US investment banks, with one bank filing for bankruptcy, another being taken over and the remaining two announcing their conversion to commercial banks.
https://www.rba.gov.au/publications/smp/2008/nov/intro.html
International and Foreign Exchange Markets
10 May 2008
SMP
– May 2008
Higher borrowing costs have pushed some US counties close to bankruptcy and lenders have also stopped writing some types of student loans.
https://www.rba.gov.au/publications/smp/2008/may/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Nov 2008
SMP
– November 2008
a large US investment bank filed for bankruptcy while the other major investment banks were either taken over or became deposit-taking banks. ... Around a week after the agencies' nationalisation, Lehman Brothers, the fourth-largest investment bank in
https://www.rba.gov.au/publications/smp/2008/nov/intl-fx-mkts.html
International Economic Conditions
7 Aug 2020
SMP
– August 2020
investment, scarring effects in labour markets and a rise in business bankruptcies.
https://www.rba.gov.au/publications/smp/2020/aug/international-economic-conditions.html
International and Foreign Exchange Markets
10 Aug 2009
SMP
– August 2009
Auto makers Chrysler and GM emerged from bankruptcy protection in June and July, respectively.
https://www.rba.gov.au/publications/smp/2009/aug/intl-fx-mkts.html
International Financial Conditions
7 Aug 2020
SMP
– August 2020
and, in some countries, changes to bankruptcy laws.
https://www.rba.gov.au/publications/smp/2020/aug/international-financial-conditions.html
International and Foreign Exchange Markets
10 Feb 2010
SMP
– February 2010
Developments surrounding the bankruptcy of Japan Airlines led to considerable volatility in the company's stock price as well as the broader market; Japan Airlines' stock will be delisted on 20
https://www.rba.gov.au/publications/smp/2010/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Nov 2016
SMP
– November 2016
mergers and acquisitions, bankruptcies and the securitisation of non-performing loans.
https://www.rba.gov.au/publications/smp/2016/nov/international-and-foreign-exchange-markets.html
Domestic Financial Markets
10 Nov 2008
SMP
– November 2008
Term funding rates for banks increased toward the middle of September, as the US authorities intervened to support Fannie Mae, Freddie Mac and AIG, and Lehman Brothers filed for bankruptcy.
https://www.rba.gov.au/publications/smp/2008/nov/dom-fin-mkts.html