BofA apologises for bet against European private credit
US bank says recommendation has been withdrawn ‘based on a review of new information’
US bank says recommendation has been withdrawn ‘based on a review of new information’

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

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

Regulators gain more flexibility if ‘bail-in’ process is required in response to a crisis

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

Lossmaking fintech was fined £2mn for misleading regulators about its capital position

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