التفاصيل البيبلوغرافية
| العنوان: |
Exclusive | Goldman Sachs Is Giving Private-Credit Clients Access to Asset-Backed Loans. |
| المؤلفون: |
Andriotis, AnnaMaria (AUTHOR), Gottfried, Miriam (AUTHOR) |
| المصدر: |
Wall Street Journal - Online Edition. 8/9/2024, pN.PAG-N.PAG. 1p. |
| مصطلحات موضوعية: |
Loans, Investors, Mortgage loan servicing, Mortgage loans, Consumer lending |
| مستخلص: |
Goldman Sachs is expanding its asset-backed lending business by allowing certain asset-management clients, such as insurance companies, to invest alongside the bank when it loans money to borrowers. This move is part of Goldman's plan to double its private-credit assets under management to $300 billion in the next five years. The asset-backed lending business has grown due to the rise of private markets and the closure of regional banks that offered similar loans. Insurance companies, in particular, have shown a strong interest in less-risky debt to invest in. [Extracted from the article] |
| قاعدة البيانات: |
Library, Information Science & Technology Abstracts |
