Previous close | N/A |
Open | N/A |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | N/A - N/A |
52-week range | 50.25 - 50.25 |
Volume | |
Avg. volume | 0 |
Market cap | 170.724B |
Beta (5Y monthly) | 1.18 |
PE ratio (TTM) | 15.31 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Private credit has piqued the interest of major banks such as Goldman Sachs (GS) and Wells Fargo (WFC), with these financial institutions raising approximately $50 billion in private credit investments, according to a Bloomberg report. Yahoo Finance's Julie Hyman breaks down the private credit trend. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith
Banks are using "credit risk transfers" with private equity firms to help alleviate their regulatory burdens and protect against future losses.
The Federal Reserve disclosed results from an assessment of how the biggest US banks would be impacted by climate change, an exercise that created new political tensions for the central bank.