Credit Brief: Green Shoots for Banks?; Shrinking Credit

Read the weekly Credit Brief here.

• Wall Street banks are notching some wins in their long-running fight against private credit firms in the lucrative leveraged buyouts business;
• Private equity firms seeking juicy returns are scooping up the debt of their own portfolio companies from banks at steep discounts;
• Why the amount of US junk bonds have been shrinking.

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To contact the reporters on this story:
Taryana Odayar in New York at todayar1@bloomberg.net;
Dan Wilchins in New York at dwilchins@bloomberg.net;
Michael Tobin in ...