WS #11184
BlackRock's Tseng to exit as CEO of troubled private credit fund amid losses and regulatory probe, negative for BLK and private credit. Fed Chair Warsh signals focus on inflation, rate cuts unlikely, potential rate hike in September.
BlackRock private credit fund CEO exit
BlackRock's Tseng to exit as CEO of troubled private credit fund amid losses and regulatory probe, negative for BLK and private credit.
Fed Chair Warsh signals focus on inflation, rate cuts unlikely, potential rate hike in September.