Semafor reports the New York Fed is visiting large banks to review their lending to private credit firms. Fed officials questioned JP Morgan, Wells Fargo, Barclays and Morgan Stanley about exposures to private credit, risk-management practices and co

2026-10-06

Semafor reports the New York Fed is visiting large banks to review their lending to private credit firms. Fed officials questioned JP Morgan, Wells Fargo, Barclays and Morgan Stanley about exposures to private credit, risk-management practices and collateral quality.