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Page 3 - Greg Olafson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US banks, private equity firms compete to finance debt-backed deals

Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity and asset management firms muscled in on the business over.

Goldman Sachs Looks to Double Size of Private Credit Unit

Goldman Sachs is reportedly aiming to double the size of its $110 billion private credit business. That shift involves reshuffling senior executives.

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