Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Do we need to worry about shadow banking? It depends on the number of cockroaches
The Guardian
|October 23, 2025
'Im not an entomologist," said CS Venkatakrishnan, Barclays chief executive, dodging the question everybody is asking: how many cockroaches are about to crawl out of the woodwork in the private credit market?
The good news - sort of - for Barclays is that it had only one insect to point to. A £110m loss from lending to Tricolor, the US subprime auto lender that has failed amid allegations of fraud, doesn’t look good but Venkatakrishnan could simultaneously trumpet that Barclays avoided that other rotten private credit beast, First Brands. Barclays was asked to lend to the stricken auto parts supplier, but didn’t. JP Morgan, taking its own $170m hit on Tricolor, said the same last week.
One could regard these developments as mildly reassuring after a week in which the International Monetary Fund and the Bank of England have warned about risks that may be emerging in the world of private credit, AKA the shadow banking sector.
Dit verhaal komt uit de October 23, 2025-editie van The Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Guardian
The Guardian
Open letter Jewish signatories in call for sanctions
Prominent Jewish figures around the world are calling on the United Nations and world leaders to impose sanctions on Israel over what they describe as \"unconscionable\" actions amounting to genocide in Gaza.
3 mins
October 23, 2025
The Guardian
One in 12 pupils 'in isolation at least weekly'
One in 12 secondary pupils report being put into school isolation rooms at least once a week where they often spend in excess of eight hours, missing more than a full day of lessons, according to research.
3 mins
October 23, 2025
The Guardian
Now Milan's Serie A game in Perth could be called off
Serie A's plan to host a match in Australia could be the next attempt at staging a domestic fixture abroad to be scrapped, following the abandonment of La Liga's efforts to move Barcelona's game against Villarreal to Miami.
2 mins
October 23, 2025
The Guardian
Tour de archive Kraftwerk artist's musical collection goes up for sale
He was a pioneer of electronic music whose band Kraftwerk redefined the sound of pop and influenced artists from David Bowie and New Order to Coldplay and Run-DMC.
2 mins
October 23, 2025
The Guardian
Foul is fair in this Macbeth of hard-bitten gangsters
Audiences arriving to find the RSC's studio stage fitted out with bar stools may worry they have booked for Conor McPherson's The Weir or Roddy Doyle's Two Pints, plays set in Irish pubs.
1 mins
October 23, 2025
The Guardian
'If I'm not winning, the fans will come at me'
Sean Dyche may take special pride in his return to Forest, but he has no illusions as to the scale of the task at hand
3 mins
October 23, 2025
The Guardian
Airstrikes Nursery, homes and energy grid hit in wave of Russian attacks
Russian drones and missiles have pounded Ukraine’s capital and other cities, hours after the cancellation of a meeting between Vladimir Putin and Donald Trump.
2 mins
October 23, 2025
The Guardian
Prince Andrew MPs push for inquiry into Royal Lodge living arrangements
Keir Starmer has indicated he is open to MPs questioning Prince Andrew in person about his residence at Royal Lodge, where he has lived for more than 20 years without paying rent.
2 mins
October 23, 2025
The Guardian
Power ballad Marinakis calls the tune at Forest - but what exactly is the owner's endgame?
And let's be real, we're not getting that from Avram Glazer any time soon.
3 mins
October 23, 2025
The Guardian
Do we need to worry about shadow banking? It depends on the number of cockroaches
'Im not an entomologist,\" said CS Venkatakrishnan, Barclays chief executive, dodging the question everybody is asking: how many cockroaches are about to crawl out of the woodwork in the private credit market?
2 mins
October 23, 2025
Listen
Translate
Change font size