Bank of America Discloses $20 Billion in Private-Credit Loans
Bank of America has revealed it holds $20 billion in loans to private-credit firms. This disclosure provides insight into the bank's exposure to the rapidly growing private credit market.
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BofA Discloses $20 Billion of Loans to Private-Credit Firms - Bloomberg.com
BofA Discloses $20 Billion of Loans to Private-Credit Firms Bloomberg.com
Read full article →BofA Discloses $20 Billion of Loans to Private-Credit Firms
Bank of America Corp. disclosed it has about $20 billion in private-credit exposure, as the bank and its Wall Street peers seek to calm concerns about the industry’s exposure to the asset class.
By Katherine Doherty
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