New Labor Department Rule is Trump’s Latest Favor to the Crypto Industry
The U.S. Department of Labor has proposed a rule designed to make it harder to sue retirement plan…
Oil shocks could trigger a private credit crisis
Those whose memories stretch back to 2008 will remember that second-order effects can be just as lethal as…
Former Goldman Sachs CEO says he ‘smells’ a 2008-style crisis brewing in this $1.8T market — and your retirement account may already be in it
Lloyd Blankfein speaks at an event held by The New York Times. The man who steered Goldman Sachs…
Former Goldman Sachs CEO says he ‘smells’ a 2008-style crisis brewing — could your 401(k) get caught in the crossfire?
The man who steered Goldman Sachs through the last financial crisis thinks the next one may already be…
Imminent Crisis or ‘No Big Deal’
(Bloomberg) — Even in the world of private credit, which for months has pitted skeptics against true believers…
This private credit fund just suspended withdrawals — is it a warning for the economy?
Wall Street doesn’t know whether it should love or be afraid of private credit. By the time it…
Five debt hotspots in the AI data centre boom
By Lucy Raitano LONDON, Dec 11 (Reuters) – As AI fever has propelled global stocks to record highs,…
Private Credit Boom Threatens Stability, Says Global Watchdog
Private credit, representing lending by nonbank entities to companies, has in recent years come to rival traditional bank…
Japan’s $132 Billion Borrowing Binge Reshapes Global Credit
The end of an era of essentially free money in Japan, a flurry of dealmaking and the AI…
Credit Fraud Fears Loom After BlackRock’s HPS Zeros Out Bad Loan
The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at…
Is a Private Credit Crisis Brewing? Tricolor, First Brands Shake Wall Street
The business model of Tricolor Holdings didn’t sound especially stable to begin with. The auto lender, based in…
Shutdown Stalls SEC Work on Private Credit in Retirement Plans
The month-long government shutdown is delaying the Securities and Exchange Commission’s work to make it easier for 401(k)…