Private Credit Woes Aren’t a Repeat of Financial Crisis, Bank of America Analysts Say - Bloomberg.com

Private Credit Woes Aren’t a Repeat of Financial Crisis, Bank of America Analysts Say  Bloomberg.com

Private credit’s game of footsie is getting riskier

Stronger guardrails are needed before these funds seep into the $9tn US retirement market

It's called 'private credit' — and it could lead to big trouble on Wall Street

The risky lending business has been booming — but now its problems are becoming increasingly visible on Wall Street and beyond.

By Maria Aspan

Private Credit Is Entering Its Musical Chairs Phase

Every financial crisis has a moment — usually identified only in retrospect — when an obscure product intended to mitigate risk spreads through what author Rick Bookstaber called “tightly coupled” interconnections to cause widespread damage.

By Aaron Brown