Blackstone, Apollo and KKR sign up to UK stress test of private credit
US private capital groups to take part in Bank of England review amid concerns over systemic risks
US private capital groups to take part in Bank of England review amid concerns over systemic risks

Landmark exercise to test resilience of $16tn finance market outside banking

Asset manager drew investors even as performance in private credit and buyout units suffered

Central bank partly backs down after industry criticism over plan for digital tokens

HSBC and Barclays executives tell House of Lords committee that they are losing ground to US rivals

FS KKR shares tumble 15% as markdowns highlight growing strains in debt extended to unlisted companies

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