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DFS Dec 2024 105.000 put
- Yahoo Finance
Big banks pass Fed stress test as they fight stricter capital rules
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.
- Reuters
Carlyle, KKR win auction for $10 billion student loan book from Discover Financial, FT reports
According to the report, the joint bid topped a competing offer from Sixth Street, BlackRock and the Canada Pension Plan Investment Board, with the loan book selling above par. KKR, Carlyle and Discover Financial did not immediately respond to Reuters' requests for comment.
- Reuters
Carlyle, KKR top bidders for Discover's $10 billion US student loan portfolio, FT reports
The two are "working together" for the bid as private investment firms seek to expand their appetite for credit, the newspaper reported. Other PE firms such as Ares, Blackstone, Brookfield, Fortress and Oaktree had also studied bids for the loan portfolio, FT said. Carlyle Group declined to comment on the FT report.
