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NY Fed Reviews Bank Private Credit

Per Semafor, the NY Fed visited JPMorgan, Wells Fargo, Barclays and Morgan Stanley to question private credit exposure and collateral quality.

First on the board Oct 6, 13:43 · How the board is ranked

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First Squawk @FirstSquawk 570.5K followersOct 6, 04:59

THE FEDERAL RESERVE BANK OF NEW YORK HAS BEEN VISITING BIG BANKS TO REVIEW THEIR LOANS TO PRIVATE CREDIT FIRMS, WITH FED OFFICIALS GOING INTO JPMORGAN, WELLS FARGO, BARCLAYS AND MORGAN STANLEY WITH QUESTIONS ABOUT EXPOSURE, RISK MANAGEMENT AND COLLATERAL QUALITY - SEMAFOR

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