Private Credit Isn’t Going Down Without a Fight: Bloomberg Deals

Hi, it’s Eleanor Duncan and Francesca Veronesi in London, looking at how private credit firms are trying to fend off resurgent competition from big banks. Also today, a couple of big tech IPOs in the works and JPMorgan’s executive shuffle.

Today’s top stories

• Bain-Backed Zelis explores sale, IPO at $15 billion-plus value.

• Chipmaker Cerebras Systems weighs IPO as soon as 2024.

• Vodafone’s deal with Three gets UK merger review.

• Glass Lewis tells Hollysys holders to reject $1.7 billion offer.

• JPMorgan shuffles top ranks, spotlighting three executives.

Fighting back

Remember earlier in the week when we told you banks were ...