Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting ...
Private credit, broadly defined as non-bank lending directly to companies outside traditional public markets, has seen ...
Willing investors avoid the mismatch between illiquid loans and deposits payable on demand.
The private credit market swelled from approximately $375bn in assets to over $1.7tn by 2023, with projections suggesting it ...
Wall Street banks have emerged as the staunchest financial supporters of the $1.7 trillion private credit industry, with the volume of their loans to private debt funds soaring 145% over the past five ...
But according to David Robinson, the James and Gail Vander Weide Professor of Finance at Duke University’s Fuqua School of Business , concerns about private credit “might be overblown,” as they are ...
For decades, banks controlled consumer credit. They decided who got approved, at what rate, and on what terms. But in 2025, banks are no longer the first option. Private credit, once a fringe asset ...
Economists and bankers say the primary reason for the slowdown in bank lending is stagnation in new investment ...
Boston Private Bank & Trust Co, a unit of Boston Private Financial Holdings Inc, named Cynthia Terwilliger as senior vice president, commercial loan officer in its specialty lending team. Terwilliger ...
JPMorgan is turning high-end garages into financial tools, extending its private-bank lending machine so wealthy Europeans can unlock cash from Ferraris, Bugattis and other collectible cars without ...