Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit
Up to a point
Real estate and infrastructure commitments help offset weakness in group’s core business
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
Hedge fund Black Diamond claims at least $70mn in damages against audit firm
John Foley and Sujeet Indap of the FT’s Lex column replied to reader questions
Regulator to change capital rules on ‘funded reinsurance’ over concerns sector is exploiting arbitrage
Catching up on stuff we should know but maybe didn’t read
Silver Rock Capital Partners draws in biggest credit fund to date
Offer from Saba Capital to buy shares of private credit fund at 65 cents on the dollar fails to attract sellers
Apparently not
A lower leverage ratio and limited links to banks mean that the sector is unlikely to pose a systemic threat
Report into bridging lender finds 2 vehicles did not have anti-money laundering registrations
Bond investors and banks are seeking greater premiums on new financing as a precaution before lending
UK prime minister accused of scapegoating officials over Peter Mandelson appointment
Do you want the bad news or the bad news?
Experts disagree on what will tip us into a new shock, but national debt, AI and private credit are all strong contenders
Doug Ostrover and Marc Lipschultz had committed firm equity worth more than $1.1bn last year as collateral
JPMorgan and Barclays are among those offering CDS on Apollo, Ares and Blackstone funds
Eagle Point Credit Management to capitalise on high prices and demand of football fans to attend the tournament
FT journalists answered your questions at a subscriber webinar on 16 April
John Waldron says vehicles lack ‘clarity that this is really not a liquid product’
Inflated private ratings could mask credit risks and leave insurance companies undercapitalised
SEC chief Paul Atkins dismisses concerns about adding unlisted assets to retail portfolios
We’d miss it if it went
