JPMorgan's move shows that the biggest U.S. bank by assets wants to get ahead of potential turbulence involving private credit loans to software companies.
These events remain relevant largely because they occurred during an extended period of geopolitical stability that ran from the late 1990s through to the early 2020s. When shocks did occur, they ...
UBS now warns private credit defaults could hit 15% under a severe AI disruption scenario. Software-heavy lending portfolios ...