HSBC took a $400 million expected credit loss (ECL) in the first quarter due to what it called “fraud-related, secondary, securitization exposure with a financial...
The Securities and Exchange Commission (SEC) is investigating allegations of fraud in private credit markets, the agency’s chairman said Monday (May 4). Speaking at the...
Federal Reserve Governor Michael Barr is the latest official warning of private credit-related concerns. Stress in that market could lead to “psychological contagion” and thus...
Global alternative investment manager Ares Management raised $30 billion in the first quarter, a figure that was up more than 45% year over year and...
JPMorgan Chase’s CEO is reportedly warning of the possibility of a worse-than-anticipated credit market downturn. That’s especially true for the private credit space, where the...
A new FDIC report monitors the sharp rise in lending from banks to nonbanks. That’s according to the Federal Deposit Insurance Corp.’s (FDIC) 2026 Risk...
Private credit outfits are reportedly turning to consumer debt for high-yield investments. That’s according to a report Sunday (April 19) from The Wall Street Journal...
The Treasury Department has been holding one-on-one meetings with private credit leaders for months and is now asking for written responses to its requests for data, Punchbowl...