Banks’ links to private credit could pose systemic risk, says Boston Fed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bank lending to the $1.6tn private credit industry may pose systemic risks to the US financial system during an economic downturn, the Federal Reserve’s Boston branch warned on Wednesday. Boston Fed economists said in a … Read more

Thoma Bravo founder warns retail funds risk owning bad buyout assets

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The billionaire co-founder of buyout firm Thoma Bravo has said wealthy individuals should be concerned about companies that private equity firms cannot sell ending up in funds aimed at retail investors. Orlando Bravo, managing partner … Read more

Shorting is hot again

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Earlier this year, we flagged a rebound in US stock market short interest. Sure, it was still a drag on performance and still way below the historical average, but the increase was sharp and undeniably … Read more

Bloomberg terminal outage hits traders

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bloomberg, the markets data and media service, is facing widespread issues that are preventing traders from accessing live pricing and disrupting an auction of UK government debt. Users complained that the $28,000-a-year Bloomberg terminal service … Read more

What to buy if AI is transformative

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more