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Long seen as adversaries, banks and private credit lenders are getting used to working together
Fahy will also lead asset-based finance origination
Direct lending default rates tick higher amid notable distressed situations
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Banks accept some deals will bypass them — others they can intermediate -
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Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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Lenders see greater demand for direct lending as slew of Covid refinancings mature
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Integrating banking and securities units intended to support growth
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Sectors shape up as main sources of corporate syndicated lending demand amid renewed geopolitical uncertainty
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