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News and events

Covid drove corporate bankruptcy spike in 2020

The Covid-19 pandemic has resulted in a spike in bankruptcies among midsize to large U.S. businesses.

The Treasury and Risk "2020 Cash Management Survey" found shifts in bankruptcy, bankruptcy protection, companies reporting to be net borrowers, corporate debt, and "zombie" companies.  To read more about what this means and the data supporting these shifts read the full article.  Click here