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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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These regions offer more deals and 'better' returns -
Luxembourg-based steel maker and French spirits company get warm welcome
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The IMF used its six-monthly Financial Stability Report to warn of sudden shocks to ‘elevated’ financial markets
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The hire aims to strengthen the bank's middle market direct lending platform
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Proliferation of opaque credit often driven by private equity firms buying life insurance companies
