Morgan Stanley sees a coming wave of direct lending defaults in private credit, driven largely by AI's disruptive effects on the software sector.
UBS now warns private credit defaults could hit 15% under a severe AI disruption scenario. Software-heavy lending portfolios are at the center of the storm.
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some lenders may face rising defaults.
A Houlihan Lokey report found signals of distress are high in loans to small companies, but the real risk is in still-healthy ...
Multiple forces are colliding in ways that defy easy fixes — and the old playbook of buying the dip is far from guaranteed to work.
Some investors worry that the nonbank lenders that helped fuel AI's development are sitting on a mountain of bad debt, but it's not in their real estate.
AI and other technologies can help you manage your financial life. But don't rely exclusively on such tools for money matters.
Commonwealth Credit Union (CCU) and Zest AI, a leader in AI-powered credit underwriting solutions, today announced the launch of CU Lending Collective, a first-of-its-kind CUSO created specifically to ...