Life Insurers Aren't Just Investors in Private Credit. They're Major Lenders, Too.

Roughly one-quarter of the life insurers tracked by Clearwater Analytics that own stakes in private-credit funds also lend to the funds.

Bank of Canada Gov. Macklem Warns of Excess Imbalances Amid Shifting Financial System

Excess global imbalances are widening again, with risks of an economic disruption heightened by an increasing share of financial activity being conducted outside of the regulated banking sector, says Canada's top central banker.

Alan Greenspan, Influential Fed Chairman Whose Legacy Was Dimmed by the Financial Crisis, Dies at 100