Private credit and the shadow banking system could be the next subprime crisis. Read why investors and regulators should ...

In 2008, the American dream of homeownership morphed into a nightmare that tanked the global economy. The culprit? A toxic mix of bad mortgages and casino mentality. Today, another financial time bomb ...

Lloyd Blankfein, the former CEO of Goldman Sachs, has recently issued a warning about a looming crisis in America, emphasizing his concern over the private credit market. His insights, drawn from ...

WASHINGTON (AP) — Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis. The agreement announced Monday comes weeks ...

Many Americans have not bounced back from the 2008 collapse. Ten years ago this week, as the nation’s subprime mortgage crisis deepened, Lehman Brothers submitted the largest bankruptcy filing in U.S.

McDonald says the return of federal student loan payments is a key catalyst for this potential meltdown in subprime credit, adding more stress to an already fragile market, while appearing on Kitco ...

NEW YORK -- For investors, the only thing worse than bad news is uncertainty, and thanks to a French bank's decision to freeze $2.2 billion in funds Thursday, uncertainty rocked the markets and sent ...

ZURICH: Swiss banking giant UBS said today it agreed to pay US$300 million in a deal with the US department of justice to settle a subprime crisis case it inherited from Credit Suisse. Credit Suisse, ...