The stricken U.S. auto parts maker's dramatic collapse has hit Jefferies, Millennium and UBS fund unit O'Connor
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Shares of Jefferies have plunged about 26% since First Brands filed for bankruptcy on Sept. 29.
Top original equipment manufacturers are caught in a perfect storm.
Private credit's rapid rise was key to global dealmaking over the past decade. Now, signs of strain in the $3 trillion market are…
Leverage levels in private credit are a point of focus
Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to redeem…
Analysts at RBC Capital Markets recently slashed their estimates for how much the scandal could end up costing lenders.
