Relevant:
- India Builders Face ‘Large-Scale Distress' on Debt Trap, Knight Frank Says
- Mumbai’s Home Prices May Decline 35% in Next Two Years, Liases Foras Says
- You Can Go Home Again: Catapult’s Fleishman Rejoins BofA-Merrill
- Bank of America to pay $2.5 million penalty in Merrill Lynch fee-discount case
- Bank of America’s Lewis May Face SEC Probe on Merrill
2010-12-28 — bloomberg.com
"Real estate companies face rising borrowing costs and shrinking access to credit after a corruption probe into loans to some developers, according to Bank of America Corp.’s Merrill Lynch unit and Ambit Capital Pvt. Lenders may cut back on funds to the real estate industry for the next three to six months, Merrill Lynch said in a note to clients on Dec. 1."
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