Private credit faces a new stress test: rising defaults, redemption pressure and AI threats to software borrowers, plus why ...
BlackRock shares tumbled Friday after the asset manager said it had decided to limit withdrawals from one of its private credit funds following a wave of redemption requests in the first quarter.
A chorus of concerns about AI and risky lending has bank investors spooked. Shares in big lenders and investment banks sold off sharply Friday after new credit issues emerged and fears of broader ...
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