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Private credit defaults may reach 5% next year, says Bank of America

Private Equity Wire

The Bank of America has speculated that defaults in corporate private credit will exceed those in the syndicated loan market next year if interest rates remain consistently higher, as reported by Bloomberg.

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AIMCo CEO Evan Siddall on Shadow Banks and Investing More in Canada

Pension Pulse

AIMCo CEO Evan Siddall wrote an op-ed for the Globe and Mail stating ‘shadow banks’ aren’t a problem for the financial system – they are the solution: During the Great Financial Crisis of 2008-09, society paid a heavy price for having allowed financial institutions to become “too big to fail.”

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1 Ultra-High Dividend Yield Stock to Buy Hand Over Fist in 2024

The Motley Fool

Business development companies (BDCs) can be a great source of dividend income, in part because they are required to pay out at least 90% of their taxable income each year as dividends. BDCs typically compete with banks and even venture capital or private equity funds depending on the deal structure. Data source: YCharts.

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Could These 3 Ultra-High-Yield Stocks Help You Retire a Millionaire?

The Motley Fool

Although mortgage rates will likely decline and demand for mortgage loans could remain subdued, forecasters with Bank of America , DoubleLine, and Capital Economics all suggest the yield curve will revert back to normal in the coming year. It's in a category of investments called business development companies , or BDCs.

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The S&P 500 Is Near Its Record High: Here's What Warren Buffett Is Doing

The Motley Fool

Berkshire's top-five largest positions are Apple , Bank of America , American Express , Coca-Cola , and Chevron. First, all of them are blue chip companies that are some of the most recognizable brands in their respective industries. American Express is an advertising partner of The Ascent, a Motley Fool company.

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2 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist

The Motley Fool

As the largest publicly traded business development company ( BDC ) in the U.S., Ares provides private companies with the cash they need to expand. It specializes in loans to "middle-market" businesses that typically have sales of between $10 million and $1 billion.

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3 High-Yield Dividend Stocks to Buy Now and Hold at Least a Decade

The Motley Fool

Ares Capital Ares Capital (NASDAQ: ARCC) is America's largest business development company ( BDC ). BDCs exist because big American banks generally aren't willing to lend to middle-market businesses, regardless of their ability to generate cash and pay their bills.