US bank stocks record biggest slide since April’s market ructions
Investors fret over growing strains in private credit and risks of AI disrupting the software industry
Investors fret over growing strains in private credit and risks of AI disrupting the software industry

Cautious comments from top bank executives add to jittery sentiment on Wall Street

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

Weak private sector jobs data adds to nerves over elevated valuations for AI-linked companies

Investor concerns over lofty valuations for artificial intelligence companies hits sentiment

Global lenders explore private deals and risk transfers to cut exposure to AI boom

Fund managers most optimistic since 2021 despite worries over tech valuations, Bank of America survey shows