As partnerships between banks and asset managers grow, so have concerns that these developments could “blur the lines between traditional and alternative lending” and create new channels for systemic ...

Learn about financing squeezes, why they occur, how they impact lenders and borrowers, and what their implications are for businesses and the economy.

I recently wrote about how Treasuries have come to represent a larger share of the US bond market, prompted by heavy US government debt issuance. Only as an aside did I mention that corporate debt has ...

Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private ...

A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...

Bottom line: A key measure of credit risk linked to Oracle has climbed to its highest level in three years, and Wall Street analysts warn that pressure is likely to intensify next year unless the ...

In this episode of Zephyr's Adjusted for Risk Podcast, we're joined by Andrew Krei, Co-CIO at Crescent Grove Advisors, to delve deep into the world of private markets. From the current landscape and ...

Private credit and the shadow banking system could be the next subprime crisis, lacking regulation and transparency as their size and risk-taking grow. The sector's explosive growth, now rivaling the ...

This paper analyzes the rapid growth and evolving landscape of synthetic risk transfers (SRTs), a securitization tool increasingly used by banks to manage credit risk and optimize capital. Since 2016, ...

High risk-adjusted returns suggest efficient performance for the invested capital. Low risk-adjusted returns indicate potentially suboptimal investments. Comparing risk-adjusted returns helps select ...