UN warns of imminent financial collapse
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Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms about the risks.
Britain’s Financial Conduct Authority (FCA) said it is closely monitoring the fallout from the collapse of US auto parts maker First Brands Group, warning that the case underscores growing risks in the rapidly expanding private credit market and its ...
Synchrony Financial's Q1 EPS beat expectations despite lower sales, but macroeconomic factors and tariffs are leading to a bearish outlook on consumer demand. The company's high net interest margins stem from lending to riskier segments, characterized by a ...