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Finance & Markets

Bank of Ireland’s Soured Deals Show Hazard in Risk Transfer Boom

Investors have written down two risk transfer deals with Bank of Ireland Group Plc as the underlying loans deteriorate, a warning of the potential pitfalls involved in the increasingly popular trades.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Apollo trades more than $35bn of private credit

Apollo Global Management has traded more than $35bn of private credit since launching a market-making operation for the asset class, according to a report by Bloomberg citing comments made by the…

  • Apollo Global Management trades over $35 billion in private credit.
  • Co-head of corporate credit, John Cortese, oversees the trading desk.
  • Apollo introduces daily valuations for private credit assets.

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