13 h. ago Head of IMF says risks in private credit market keep her awake at night

Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First BrandsThe head of the International Monetary Fund has admitted that worrying about the risks building up in non-bank lending markets keeps her awake at night.Kristalina Georgieva on Thursday urged countries to pay more attention to the private credit market, after the failure of the sub-prime auto lender Tricolor and the car parts supplier First Brands. Continue reading...

Economics

4 d. ago Trump officials reportedly consider selling student loan debt to private investors

Experts say the move could eliminate the federal government’s power to cancel educational loansOfficials in the Trump administration are reportedly weighing the possibility of selling portions of the federal government’s $1.6tn student loan portfolio to private investors, which experts say could carry risks for both taxpayers and borrowers – potentially reshaping the student loan landscape in unpredictable ways.Senior officials at the education and treasury departments have been engaged in internal conversations about offloading select, high-performing segments of the government’s student debt holdings, according to a Politico report this week. These loans are part of the larger portfolio owed by roughly 45 million borrowers nationwide. Continue reading...

Economics

7 d. ago UK monitors First Brands and Tricolor collapses for private credit risks

Failures of two US companies reliant on asset-based lending prove ‘useful case studies’, Financial Conduct Authority says

Economics

9 d. ago Goldman executive says retail rush into private assets is raising risks

Fund managers are under pressure to deploy capital quickly and risk buying bad assets

Events

1 week ago Snoring set to increase dramatically across the UK for one really depressing reason

As the nation gets chubbier, boffins predict it will lead to an enormous surge in night-time snorers who keep their families awake with their demonic bedtime sounds

Events

2 w. ago Big private equity groups risk harming sector’s standing, warns Neuberger Berman

Big private equity groups risk harming sector’s standing, warns Neuberger Berman  Financial Times

Events

3 w. ago Farm wins rule changes despite neighbours' fears of 'next Glastonbury'

A council meeting heard neighbours were worried the farm would keep them awake at night

Politics