Kaja Whitehouse’s Post

Check out this article detailing a #FundFinance game changer.

Pepper Insights Big Banks Dive Headfirst into Private Credit Market Goldman Sachs, Citigroup, and other banking giants are ramping up their private credit offerings. Why the excitement? 1) Higher returns: Private credit offers potentially higher returns than traditional loans 2) Fee bonanza: Banks can manage investor funds in private credit deals, generating fees 3) Client retention: This strategy helps banks keep clients happy and prevent them from going elsewhere Some reports mention potential risks, but let's face it, every investment has its considerations. Here, experienced banks are strategically entering a growing market. What are your thoughts? Is this a promising new chapter for big banks? #PrivateCredit #InvestmentBanking #Growth #GrowthStrategies #AlternativeInvestments #WealthManagement #FinTech #WallStreet https://lnkd.in/g3m8QdKQ

The capital build (via equity increase and RWA shrinkage) adds to the tailwinds propelling private credit. #bloomberg reported yesterday that #jpmorgan is seeking a private credit partner to fund deals where JPM clients presumably do not want to tap #leveragedloans and #highyieldbonds and instead utilize private credit (perhaps with the credit fund capitalized with JPM HNW clients).

Honestly, I say goodbye and cautiously good riddance. Anyone who has dealt with these regional banks, know that they are unreliable in their decision-making, overly finicky and inconsistent. While the bigger banks can have more bureaucracy, they tend to be more levelheaded about making uniform decisions, and are not as prone to the individual personality, driven knee-jerk reactions that are consistent with the middle management and senior credit people at the midsize and smaller banks. Our company has worked with a number of them, and I can say, without a doubt that the larger banks are more reliable. We have seen the Regional Banks - smaller and medium size Banks - pull the plug at the last minute for a wide range of items as a result of extremely inconsistent, decision-making. In the end, they always want deposits, but they are excruciatingly difficult when it comes to credit, and by this, I’m referencing secured credit, not unsecured credit. Consolidation in the banking area will be better for the business community. My personal opinion.

🏦 Facing the Unforeseen: The Bank that is Facing Adversity After a Year of Resilience. Despite weathering the storms of 2023, New York Community Bancorp, Inc. finds itself in serious trouble. The narrative takes a turn from triumph to challenges, highlighting the harsh realities in the ever-evolving #financial landscape. Dive into the sobering account of a #bank's journey, exploring the complexities that now overshadow its recent #successes. Discover the unfolding story in this thought-provoking article: #Banking #Finance #Challenges #Business #financialadvisor #wealthmanagement BankUnited, Western Alliance Bank, JPMorgan Chase & Co., J.P. Morgan, Federal Deposit Insurance Corporation (FDIC) Read more: Yahoo, Yahoo Finance, https://lnkd.in/e25czjNt

Has not been enough almost 4 yrs since 2020 OCC-FEDRESERVE 3 strong consent orders fully uncomplied, breached even Citi was reprimanded Sep 2022 by those regulators, when Citi comes accumulating just for #moneylaundering, more than 570M by Trump Administration ( 2017 NPA potentially breached between 2017-2022? 2018 OCC 70M, 2020 OCC-FEDRESERVE 400M fines ) Curren CEO, and key high levels took responsabilities since 2020-2021 when were removed or forced to leave Corbat, Weerasinghe General Counsel, Carawan CCO and others, but latest years Citi investors have been volutarely misleaded and harmed, first with supoused transformation plan and foreign global units exits ( which were fully scoped by criminal DOJ-MLARS NPA for BSA violations 2017-2022 ) with one core unit linked to long standing violations as Mexico CitiBanamex deal fully failed until today. Why heads or Citi high levels in charge of Citi's CEO Transformation plan was retired or removed recently leaving the ship e.g. Ms Peetz, why Head of Franchise Legacy left or was removed weeks ago Ms Cole, why several top Private Banking Heads e.g. again in Mexico or Latam based in US-Miami or NY also was removed or forced to resign? Why latest week a Citi high level in Data reports control unit sued Citi, when was fired as " retaliation " for refuse to fill false reports to OCC-FEDRESERVE requested by 2020 consent orders? Citi culture retaliating honest employees #wistleblowers could be worst than Boeing. Should be Citi and its CLevels, the next to face US Senate testimony as gave this week Boeing? US Senators still is waiting since March 2024, for FinCEN’s officials reponses about AMLA rules, budget spended, wistleblowers protected, potential awards and amounts to grant. Media have enough in their hands time ago to cover expected story about Citigroup, as Agencies have on their tables several tips submitted and shared years ago, FOIAs issued by some agencies which could show enough link connected to 400M fine and 2020 OCC-FEDRESERVE consent orders. Or Citi for Biden Administation, DOJ, SEC and US Treasury Units, is above the law as repeated offender and corporate recivist? What is thinking Citi General Counsel McIntosh watching How Citi has destroyed former Citi executives carreers since 2014 until today just have reported wrongdoing. See Perez V. Citigroup 2017-ARB-00031 Citi still owe damages, suffering caused even punitives, have had DOL ARB complacency under tenure of Acosta as Sec of Labor ( resigned for Epstein scandal and OPR by " poor judgement " to deny jurisdiction in a SOX claim, when merit of retaliation and strong moneylaundering evidence never was reached by ARB judges...see full testimony given by witness transcription under pressure by Citi NY lawfirm ) this SOX case under AMLA and regulators interest must be fully re openable-reviewable!! Inverstors, shareholders, tax payers, employees and own regulators deserve an urgent action, or must be wait until next presidential election?