Bank of England unveils Armageddon stress test scenario ‘more severe than the financial crisis’ Regulation The Bank of England is poised to probe how private markets’ respond to a theoretical financial Armageddon scenario in which stocks plummet and prices soars that industry figures have said is more severe than the global financial crisis. Watchdog officials will scrutinise how alternative asset managers react to the scenario’s five-year downturn in financial conditions [...]
Bank of England rebuffs calls to speed up ‘shadow banking’ stress test Regulation The Bank of England has rejected calls to speed up its inaugural stress test of the private credit industry, despite growing fears that a downturn in so-called shadow banking may pose a systemic threat to the global financial system. In a letter to the House of Lords’ Financial Services and Regulation Committee seen by City [...]
US alternatives giant leads £150m refinancing at debt-laden Very Retail The credit giant that took control of Very from the Barclay family has arranged a £150m funding package for the online retailer ahead of a potential £2bn sale. Carlyle helped arrange an extension and renewal of debt-laden Very’s key credit lines, in a move it said helps secure the group’s long-term funding until 2029. The [...]
Exclusive: Goldman Sachs, Oaktree and Carlyle to take part in private credit stress test December 3, 2025 Goldman Sachs, Oaktree and Carlyle will take part in the Bank of England’s inaugural stress test of the burgeoning private credit sector this week, Morning Wire can reveal. Britain’s central bank is poised to carry out its first ever “system-wide exploratory scenario exercise” of so-called shadow banks in the coming weeks, in a bid to [...]
Carlyle announce deal with Formula 1 team Red Bull September 9, 2025 Global investment firm Carlyle has announced a multi-year strategic partnership with Formula 1 team Red Bull in a first-of-its-kind deal. The Nasdaq Carlyle Group, with a market cap of $23bn, will use its partnership with the Formula 1 team title sponsored by Oracle to “open new avenues” for engagement, global connectivity and technology. And their [...]
London Southend Airport to be taken over by US private equity giant Carlyle March 6, 2024 London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner.
Private Equity firms face “serious gamble” as clock ticks on North Sea fossil fuel investments January 25, 2024 The fate of North Sea fossil fuel exploration is sealed despite government efforts to push through new licenses