Credit
Less than a year after BlackRock’s $12 billion acquisition of private credit powerhouse HPS Investment Partners, one of Wall Street’s hottest asset classes is now showing signs of strain. Loading audio narration… But the world’s largest asset manager sounds calm about current concerns.”There’s been a lot of attention on private…
As several Wall Street banks reported first-quarter earnings on Tuesday, executives had to answer for their exposure to the private credit market, which has been under a microscope recently. Loading audio narration… CFO Jeremy Barnum estimated the bank’s exposure to private credit funds was $50 billion.”We’re broadly comfortable with it,”…
Speaking under oath before members of Congress on Thursday, Jeffrey Epstein’s personal lawyer attempted to explain some of the now-dead financier’s large cash withdrawals.In his prepared remarks, Darren Indyke told members of the House Oversight Committee that Epstein required large amounts of cash to run his many households, from New…
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2026-03-06T10:36:01.284Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
