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Long seen as adversaries, banks and private credit lenders are getting used to working together
Fahy will also lead asset-based finance origination
Direct lending default rates tick higher amid notable distressed situations
A Swiss borrower has already closed books and Austria's Egger will soon
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Investment bank files for European direct lending fund -
New head of credit risk will support growth of private assets business
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GlobalCapital reveals the top deals, banks, investors and advisers voted for by the market. Winners to be revealed in February
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France's fifth biggest food industry group enters German private placement market with €90m note
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Charlotte Gilbert will lead the clients and product solutions team
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— Will the easing of China's Covid rules help or harm emerging market issuers? — How public sector issuers compete with a jumbo, and growing, borrower like the EU — Private credit’s late bloom
