How banks fuel the private credit boom
Lenders emphasise their safety and private credit’s riskiness. In reality, the two are intertwined
Lenders emphasise their safety and private credit’s riskiness. In reality, the two are intertwined

Investors and regulators should sharpen scrutiny of risky lending practices and interlinkages

Regulators and bankers are sounding the alarm about an explosion in privately-rated securities

For some observers, the rapid rise of this asset class invites unsettling historical comparisons

Growth raises concerns about underwriting and risk management at fast-expanding groups

First-quarter results come amid growing concerns around the links between traditional lenders and the private credit boom

The sector remains untested in a severe or prolonged economic downturn