From Yahoo Finance: 2025-06-02 01:01:00

Europe’s biggest bank, HSBC, plans to inject $4 billion into its private credit funds to compete in the fast-growing $2 trillion global private credit market. The move aims to attract external investors and build a $50 billion credit fund within five years. CEO Nicolas Moreau sees this as an “arms race” as banks like Citi and UBS enter the market dominated by private equity giants. HSBC’s strategy is to focus on higher-returning areas like private credit to boost revenue. The new funds will be globally invested, with an initial focus on areas like direct lending in the UK and Asia.



Read more at Yahoo Finance: HSBC to inject $4 billion into its private credit funds