Source: Reuters (via feed)
UBS Chief Financial Officer Todd Tuckner said on Tuesday he was comfortable with the Swiss bank’s degree of exposure to private credit funds. His remarks came amid market jitters about potential risks in the sector. The statement by Tuckner did not include details on the exact level of the exposure.
BizTrendWire Insight:
UBS’s statement on private credit exposure reflects current market concerns surrounding this sector.
UBS’s statement on private credit exposure reflects current market concerns surrounding this sector.
