Webster (WBS) May Tie Up With Marathon Asset for Private Credit

The discussion between Webster and Marathon Asset is in the advanced stage. The agreement could be announced as soon as this week. If Webster and Marathon Asset embark on this venture, they will join a burgeoning landscape of financial institutions tapping into the vast potential of the private credit market. Several global firms like Raymond James (RJF) are set to enter into the lucrative private credit business. Through its Investment Banking (IB) division, RJF formed a strategic collaboration with Eldrid ...