One of the most stressful jobs in finance right now: private credit sales
The retail boom in private credit has brought on boards hundreds of sales staff. But now that investors are pulling money, it’s become a stressful gig.
Read MoreTokenization Won’t Magically Create Liquidity for RWAs, Paris Panel Warns
Industry executives at Paris Blockchain Week push back on assumptions that putting real estate and private credit onchain automatically creates tradeable markets. (Read More)
Read MoreBlackRock says the private credit ‘shakeout’ is an opportunity for the $13.9 trillion fund giant to dominate
There may be some private credit losers in the future, but doesn’t plan to be one of them. On their Q1 analyst call, Fink and co explained why they will win.
Read MoreBlackstone’s Joan Solotar says investors should separate ‘signal from the noise’ in private credit
Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn’t justified by the likely returns and potential losses.
Read MoreSEC boss tells retail investors to ‘stay out of the kitchen’ on private credit
Paul Atkins tells audience at spring IMF meetings that $1.8tn lending sector ‘is not a systemic risk’
Read MoreGoldman Sachs retains its knack for spinning anxiety into gold
AI-inspired stock routs, the war in Iran and private credit were no hindrance to the Wall Street bank
Read MoreEarnings season kicks off with war, AI threat among key worries
Earnings season is about to start at a crucial time for stocks traders whipsawed by war in the Middle East, concerns around private credit and the disruptive threat of artificial intelligence.
Read MoreSchwab warns private credit investors
Private credit has been investors’ choice of Wall Street for years, drawing in everyone from pension funds to retirees. This is due to the promise of higher yields than bonds, steady income, and portfolio diversification all wrapped into one neat package. However, behind those glossy marketing …
Read MoreJamie Dimon Cites Risks From War, Private Credit, Inflation and More
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges.
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