BofA pitches bets against European private credit
US bank told clients that European stocks exposed to private credit had 30 per cent ‘downside risk’
US bank told clients that European stocks exposed to private credit had 30 per cent ‘downside risk’

US bank says recommendation has been withdrawn ‘based on a review of new information’

Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling

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

Investors fret over growing strains in private credit and risks of AI disrupting the software industry

Lenders have been snapping up businesses formerly owned by buyout firms at a record rate

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