Markets
New York Fed Has Reviewed Private-Credit Exposure at Four Large Banks Since Spring, Semafor Reports
Site visits at JPMorgan, Wells Fargo, Barclays and Morgan Stanley examined collateral quality and risk management. All four banks and the Fed declined to comment.
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By Marcus Elrod
Oct 6, 2026 · 2 min read
The Federal Reserve Bank of New York has conducted site visits at four large banks since the spring to assess their exposure to private-credit lenders, according to a report published Monday afternoon by Semafor.
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Marcus Elrod
Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.
Marcus Elrod writes for Corporate Insider Inc.