Private Jet Firms Can’t Escape the Post-Covid Gloom: The Brink

Welcome to The Brink. It’s Erin Hudson in New York, where I covered the struggles of the private jet industry. But before we get into that, Lucca De Paoli in London wraps up the latest on banks reporting losses on their real-estate investments. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @EK_Hudson.

Notes From the Brink

Property values have been slowly correcting since Russia’s invasion of Ukraine. They’re getting to the point where it is becoming the lenders problem.

At Julius Baer, an ill-fated dalliance with Rene ...