Private Credit and Shadow Banking: Emerging Risks for Financial Stability
TL;DR Summary
Private credit, once considered a 'golden' industry, faces scrutiny after Jamie Dimon’s comments comparing potential issues to cockroaches, leading to market concerns about credit risk and the stability of regional banks amid recent loan losses and warnings.
- One of Wall Street's 'golden' geese is under fire. Here's how worried you should be about private credit. businessinsider.com
- Why the world’s $3trn ‘shadow’ debt caused a stock market wobble The Times
- Could private credit spark the next financial market meltdown? Australian Broadcasting Corporation
- What is private credit, and should we be worried by the collapse of US firms? The Guardian
- Rise of ‘shadow banking’ brings new financial risks, experts say MSN
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