Private credit risk doesn’t have to be systemic to be serious

Risk management leader outlines three cracks in the consensus that risk in the private credit sector is contained “Psychological contagion” was the stark phrase used by US Federal Reserve governor Michael Barr to describe the spillover effect of a rise in private credit risk during a Bloomberg interview in May.JP Morgan boss Jamie Dimon was even more blunt. “When you see one cockroach, there are probably more,” he said on an earnings call last October, in response to fears that the collapse of US companies Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@risk.net Sorry, our subscription options are not loading right now Please try again later. Get in touch with our customer services team if this issue persists. New to Risk.net? View our subscription options If you already have an account, please sign in here. Most read articles loading... Back to Top