Adam Haigh

Westpac Banking Corp. Chief Executive Officer Anthony Miller said the recent oil-price shock is adding to a complicated picture for the Reserve Bank of Australia as it navigates inflationary pressure.

JPMorgan Chase & Co. is restricting its lending to private credit funds after marking down the value of certain assets in their portfolios, the Financial Times reported, the latest sign of stress in a once-booming segment of the credit market.

JPMorgan Chase & Co. is restricting its lending to private credit funds after marking down the value of certain assets in their portfolios, the Financial Times reported, the latest sign of stress in a once-booming segment of the credit market.

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he’s watching the private credit market for “frothiness,” though in contrast with some of his peers he hasn’t seen significant cause for concern.

Goldman Sachs Group Inc. Chairman David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Middle East conflict, adding that it will take weeks to understand more about the situation.

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he’s watching the private credit market for “frothiness,” though in contrast with some of his peers he hasn’t seen significant cause for concern.

Oaktree Capital Management LP co-founder Howard Marks said investors need to avoid letting their emotions run high when making decisions on exposure due to the Middle East conflict.

Magellan Financial Group Ltd. agreed to buy Barrenjoey Capital Partners in a deal valued at about A$1.62 billion ($1.1 billion), delivering a windfall for the ex-UBS Group AG bankers who set up the Australian investment bank just five years ago.

Former ANZ Group Holdings Ltd. Chief Executive Officer Shayne Elliott has dropped his court case against the bank relating to withheld bonuses.

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