1 report1 sourceSimilarity 0.27
Wall Street banks start trading derivatives to bet on pain in private credit
JPMorgan and Barclays are among those offering CDS on Apollo, Ares and Blackstone funds
Financial Times
Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them
Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.
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