13 h. 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

7 d. ago Short seller Jim Chanos predicts more First Brands fiascos in private credit

Investor famed for spotting Enron fraud sounds alarm on Wall Street’s booming debt machine

Economics

7 d. ago Jim Chanos slams ‘magical machine’ of private credit after First Brands collapse

Investor famed for spotting Enron fraud sounds alarm on Wall Street’s booming debt machine

Economics

2 w. ago Auto lender’s bust signals strain in financial health of US households

Tricolor’s collapse highlights struggles of low-income consumers and their impact on the broader American economy

Society

3 w. ago The niche debt tool at the heart of Apollo’s private credit machine

How Apollo’s in-house insurer has raised capital to fund the group’s lending, without turning to policyholders

Economics

4 w. ago Debt linked to collapsed subprime auto lender Tricolor tumbles

Even highly rated pools of loans trade at distressed levels after group fell into bankruptcy

Politics

4 w. ago Car lender’s collapse hints at what’s under the hood in private credit

So-called asset-based lending is the linchpin of a revolution sweeping Wall Street

Politics

4 w. ago Car lender’s failure hints at what’s under the hood in private credit

So-called asset-based lending is the linchpin of a revolution sweeping Wall Street

Events