Wall Street bets on mass credit defaults with new investment index: Report

Wall Street bets on mass credit defaults with new investment index: Report

Wall Street is banking on mass credit default swaps by creating a new investment index that would help investors bet against managers of private credit funds, according to a report. The CDX Financials tool includes insurers, regional banks, and credit card companies. Private credit fund managers, such as Apollo Global Management and Blackstone, make up […]

Original Source

Read the full article at Washingtonexaminer →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.