Shared by Gregg Yorkison Los Angeles The term “credit market” refers to the market where individuals, businesses, and governments can borrow money from lenders such as banks, credit unions, or other financial institutions. These lenders make money by charging interest…
Shared by Gregg Yorkison Los Angeles When a bank or company faces bankruptcy, a workout is a process to help them avoid it. A workout involves working with a team of experts, such as financial consultants and lawyers, to create…
Shared by Gregg Yorkison Los Angeles A covenant is a promise or agreement a borrower makes to a lender when borrowing money. Covenants protect the lender’s interests in the banking industry and ensure the borrower can repay the loan. Covenants…
Shared by Gregg Yorkison Crypto stress is people’s anxiety and worries when dealing with cryptocurrency. It can be caused by different factors, such as the volatility of the market, concerns about security, and fear of missing out or experiencing investment…
Shared by Gregg Yorkison Bank stress is when a bank faces difficulties in maintaining its financial health. It can be caused by various factors such as economic downturns, bad loans, or regulation changes. Liquidity problems, asset quality deterioration, and capital…
Shared by Gregg Yorkison, C.Y.G. A distressed merger and acquisition (M&A) occurs when a company is in a financially difficult situation. While it may seem like a bad starting point, distressed M&As make up a large portion of M&As, and…
Shared by Gregg Yorkison, C.Y.G. Mergers and Acquisitions (M&A) are referred to as §363 sales in bankruptcy court. Here’s a rundown, provided by Gregg Yorkison of C.Y.G. It shows what that actually means for a company’s assets going through the…
Shared by Gregg Yorkison, C.Y.G. NFT startups are booming right now, but what really sets those that succeed apart from the rest? The answer is often in what kind of impact the company makes. Is the focus purely on NFTs,…
Shared by Gregg Yorkison, C.Y.G. There are a lot of potential successes out there with cutting-edge technology and finance. Cryptocurrency, blockchain, and fintech companies all have the capability to create success stories and bring wealth to shareholders, investors, and creditors.…
Shared by Gregg Yorkison, C.Y.G. We had a few friends, including Gregg Yorkison of C.Y.G., come over to taste this latest classic creation with a twist. With more than twenty-four years of experience in corporate finance transactions and operational management,…