Private credit cracks open door for Wall Street banks' comeback: 'The tug of war is just starting'

Wall Street, Manhattan, New York.Andrey Denisyuk | Moment | Getty ImagesWall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders.After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts, signs of strain in that sector, along with easing bank rules, may now be shifting the balance. "This is an opportune time for banks to regain market share from private credit funds," Moody's chief e ...