Quit Worrying So Much About Private Credit, Wall Street Says
As the largest US lenders report results, they’re trying to ease concerns about the risks
The big Wall Street banks released their financial results this week, and the continued growth of private credit seemed to be on everyone’s mind. Bloomberg finance reporter Hannah Levitt explains what the fuss is all about. Plus, a company that claims it keeps school buses safe, and how AI is changing hiring at the big consultants.
If this newsletter was forwarded to you, click here to sign up.