Bank of England said to be reviewing Barclays’ handling of private credit loans Concerns financial contracts known as derivatives were incorrectly logged, potentially boosting Barclays’ profits The Guardian - UK · Oct 19
A $1.9 Billion Subprime Auto Lender Collapsed, Here’s What Car Buyers Can Learn From It A car loan can look wonderfully simple from the dealership desk: pick a vehicle, sign some papers, make a monthly payment, and drive away. Tricolor’s massive collapse shows why that neat little arrangement deserves a closer look, especially when a buyer needs subprime financing. The Texas-based auto dealer and lender… Clever Dude · Sep 4
Global finance watchdog warns over private credit industry fuelling AI boom Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowers The Guardian - UK · May 6
Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS Bank’s chief executive points to alleged fraud as it sets aside a further £105m for motor finance compensation The Guardian - UK · Apr 28
‘When You See One Cockroach, There are Probably More’: Blackrock Forced to Halt Redemptions As $2 Trillion Private Lending Bubble Starts Showing Cracks Cracks are beginning to show in the $2 trillion private lending space, as multiple investment firms limit redemptions in their billion-dollar flagship funds. Barchart · Mar 8
Subprime Auto Lender CEO Charged for Double-Counting Collateral That Led to $1B Collapse Charges reveal that Tricolor held $1.4 billion in real collateral but pledged $2.2 billion to creditors, leading to a $1 billion collapse amid allegations of fraud. International Business Times UK · Dec 22, 2025
Layoffs Hit 1,000 Workers Weeks After CEO Pocketed $6.25M Tricolor CEO Daniel Chu received $6.25 million before his subprime lender's collapse, which left over 1,000 workers unemployed and lenders owed $900 million amid fraud allegations. International Business Times UK · Dec 18, 2025
Executives of bankrupt subprime auto lender Tricolor Holdings charged with fraud Daniel Chu, company’s founder, charged with directing multiple executives since 2018 to defraud investors The Guardian - US · Dec 17, 2025
‘Shadow banking’ could lead us into an apocalypse like 2008 Alarm bells are ringing about the private credit market and ‘cockroaches’ in the system — the time to act is now, says Chris Blackhurst Evening Standard · Nov 3, 2025
Big Banks Are Setting the Tone as Earnings Season Kicks Off Despite risks in private credit, the financials sector is largely insulated as the big banks proved when earnings season kicked off last week. MarketBeat · Oct 25, 2025
3 Regional Bank Stocks That Crushed Q3 Earnings Regional banking concerns were making headlines as earnings season began, but Q3 results have calmed the market, especially those from these 3 companies. MarketBeat · Oct 24, 2025
Barclays can afford Tricolor loss but risks remain in the private credit market Risky lending in an opaque, complex and leveraged part of the financial world is ringing alarm bells The Guardian - UK · Oct 22, 2025
Barclays plays down £20bn exposure to private credit industry CEO says bank has ‘right controls’ in place despite warnings about industry from IMF and Bank of England The Guardian - UK · Oct 22, 2025
Bank of England chief warns of ‘worrying echoes’ of 2008 financial crisis Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms The Guardian - UK · Oct 21, 2025
Fortune · Oct 20, 2025 Wall Street might be panicking over private credit, but insiders can’t see what all the fuss is about Some say this is more about mudslinging between private credit’s competitors and a misunderstanding about direct lending.
Axios · Oct 20, 2025 Why credit risks are jarring Wall Street With investors already on edge, any additional credit hiccups could prompt a new round of selling.
The Guardian - UK · Oct 18, 2025 What is private credit, and should we be worried by the collapse of US firms? First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banks
Fortune · Oct 17, 2025 As Wall Street banks crush records, America’s regional banks spook investors—but there’s a key difference from when SVB went bust Raymond James said it views Zions’ disclosure as a “one-off credit hiccup” and not a systemic credit issue.
The Independent UK · Oct 17, 2025 Regional banks' bad loans spark concerns on Wall Street Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks
The Guardian - US · Oct 17, 2025 ‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans Wall Street sounds alarm over strain throughout car lending market as experts warn of potential risks for wider economy
The Guardian - UK · Oct 16, 2025 Head of IMF says risks in private credit market keep her awake at night Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First Brands
International Business Times · Oct 14, 2025 Strong Dealmaking Boosts Profits At US Banking Giants Robust dealmaking activity and strong trading results helped boost US bank earnings Tuesday despite lingering worries about a softening job market and a potentially overvalued stock market.
The Guardian - UK · Oct 14, 2025 JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures Jamie Dimon expects further weak links in ‘shadow banking’ sector to be revealed after collapse of two US firms
The Guardian - US · Oct 10, 2025 First Brands: why a maker of spark plugs and wiper blades has Wall Street worried Investors fear that the collapse of the car parts company – and the size of its debt – could portend wider problems
Benzinga · Sep 12, 2025 Deal Dispatch: White House Mute On TikTok, BBVA's $18 Billion Takeover Offer Rejected For the previous edition of Deal Dispatch, click here.