Private credit faces redemption pressure and loan markdowns, raising bank contagion risk—see what BDC discounts to NAV signal ...

CRTs have changed since the financial crisis. But the eventual credit cycle turn is likely to show again that weaker banks' CRT use merely transformed, but did not eliminate, risk, writes Jill Cetina.

"The year 2025 was an extraordinary and deeply distorted period for many reasons, including low credit loss rates and soaring asset values," notes WGA Chairman Christopher Whalen. "But history teaches ...

This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank in March 2023—an event that reverberated globally across banking sectors—as ...

Barclays and Raiffeisen Bank International are among the European lenders making the most aggressive use of a fast-growing technique to transfer credit risk and cut capital requirements, global ...

JPMorgan Chase is earmarking another $50 billion for its direct lending efforts. Kena Betancur -VIEWpress/Getty Images These alliances come at a time when the appetite for private credit is growing.

This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...