Credit
Greater interest in private credit as investors move away from bonds as hedging tools: UBS forum panellist
INVESTORS that aim to hedge volatile stock market movements have started moving away from bonds into other forms of “uncorrelated assets”, particularly private credit, said panellist Bobby Jain at...
Swiss regulator rules out UBS antitrust action over Credit Suisse deal
Switzerland’s financial regulator ruled on Wednesday (Jun 19) that the UBS takeover of Credit Suisse did not create any competition concerns, despite recommendations from the country’s antitrust watchdog that...
As default rates rise, better metrics are needed to help private credit investors
AVOIDING losses is key when investing in private credit, but navigation can be tricky given a general lack of data as well as a lack of standardised metrics.
Initiatives are...
Leading Banks and Credit Unions rely on MeridianLink to Advance their Digital Progression
For more than 25 years, MeridianLink has been a leading provider of modern software platforms for financial institutions and consumer reporting agencies. Their technology helps address some of the...
UBS taps China over Citadel Securities on Credit Suisse unit
UBS Group has entered final negotiations with a Beijing-backed fund over the sale of Credit Suisse’s money-losing China venture after talks with Citadel Securities stalled, according to people familiar...
St James’s Place hires former Credit Suisse banker as CFO
ST James’s Place has named Caroline Waddington, an ex-Credit Suisse banker, as its new chief financial officer. She will join the UK’s largest wealth manager in the second half of...
UBS seeks expansion in corner of ESG targeted by Credit Suisse
UBS Group just held its first-ever conference dedicated to the ESG theme of biodiversity, signalling its ambitions to grow in a business area that Credit Suisse had targeted for...
KKR raises A$500 million private credit loan for Perpetual buy
KKR & Co agreed to a private credit loan of about A$500 million (S$447 million) from Blackstone and Goldman Sachs Asset Management to help finance its acquisition of Australian...