SEC raises questions over rating agency behind private credit boom
Egan-Jones has previously come under scrutiny for its ratings on thousands of private loans relied on by insurers
US bank told clients that European stocks exposed to private credit had 30 per cent ‘downside risk’
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Egan-Jones has previously come under scrutiny for its ratings on thousands of private loans relied on by insurers
Redemption requests across industry surge as exodus of wealthy individuals accelerates Grouped from 2 articles across 2 sources.
Private credit is expected to see a surge in defaults as investors continue to pull money from the sector.
The move by Moody's is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds, from Blackstone to Apollo.
PARIS, March 24 - French media tycoon Vincent Bolloré told lawmakers on Tuesday that he had become the \"perfect scapegoat\" for what he described as a hostile elite, rejecting accusations that his conservative media…
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