The risky lending business has been booming — but now its problems are becoming increasingly visible on Wall Street and beyond.
The risky lending business known as “private credit” is causing some very public problems for banks and investors — with implications that go far beyond Wall Street.
“Private credit” refers to an opaque but fast-growing corner of the financial world:… [5877 chars]
Source: NPR | Published: 2026-03-19T09:00:00Z
Credit: NPR
