#ShadowBanking

Delaware Life Restates $17B Holdings as DOJ, SEC Probe

7d ago

Delaware Life Restates $17B Holdings as DOJ, SEC Probe

A grand jury subpoena reframes a filing correction as a stress test for the entire life-insurer private-credit model, where prices, ratings and counterparties all run through affiliates.

CryptoSlate

Wall Street's $128B private credit pile shows cracks as loans unwind

🩸BEARISH

49d ago

Wall Street's $128B private credit pile shows cracks as loans unwind

Private credit was sold as the steady-yielding answer to bank loans, but a slow unwind is testing whether the shadow book was ever actually priced.

CryptoSlate

JPMorgan warns yield stablecoins could trigger shadow banking

🩸BEARISH

69d ago

JPMorgan warns yield stablecoins could trigger shadow banking

Two senior bank leaders told Washington the US needs a market-structure framework, arguing that any stablecoin allowed to pay holders yield effectively rebuilds the deposit base outside the…