Private Credit’s Edge Over Banks Here to Stay, Bill Winters Says

Private Credit’s Edge Over Banks Here to Stay, Bill Winters Says

Private credit firms enjoy a “significant” capital advantage over traditional banks that’s unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc.

Citi backs Vontive as $150m real estate mortgage securitisation launches

Vontive, a mortgage technology company that specialises in standardising private credit mortgages for investment real estate, has announced a new $150m revolving securitisation and a strategic equity investment from Citi. The securitisation, named VNTV 2025-RTL1, was led solely by Citi, which also participated as an equity investor through its Spread Products Investment in Technologies (SPRINT) team. Founded by veterans of the credit and technol…

HSBC pumps $4bn into private credit funds as banking 'arms race' intensifies

HSBC has pumped $4bn into its asset management arm to spearhead a private credit pivot that will see the bank build a $50bn credit platform in the next five years.

Cross-border deals and tech drive European private credit growth

Cross-border direct lending deals are on the rise, with 90% of private credit professionals across Europe reporting an increase, according to research from Nordic Trustee, part of global capital markets services provider Ocorian. The study, which surveyed private credit and debt fund managers, investors and advisors, highlighted growing optimism in the sector despite recent market

HSBC accelerates private credit pivot with $4bn injection

Europe’s biggest lender has continued its pivot into private credit funds with a $4bn investment into its asset management arm. HSBC has used its asset management business to spearhead a transition into the booming $1.6tn private credit market. The firm said it will invest the new cash into its alternative credit funds, with the goal of attracting external investor money and scaling up a $50bn credit platform within the next five years. This com…