Wall Street banks bet on private credit pain through derivatives trading

JPMorgan and Barclays are among banks offering credit default swaps on private credit funds like Apollo.

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This innovation allows investors to bet on distress among private credit borrowers.

The trend illustrates growing monetization of credit risks and financialization of private credit.

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Apr 17Wall Street banks bet on private credit pain through derivatives tradingthis article

Auto-synthesis from 2 media sources · identified on April 17, 2026