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Blackstone Integrates Credit and Insurance Businesses to Form Blackstone Credit and Insurance - News

Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years. Today.

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Blackstone Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance (BXCI) in Push Toward Next $1 Trillion

Blackstone Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance (BXCI) in Push Toward Next $1 Trillion
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Blackstone (BX) Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance

Blackstone (BX) Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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bond market: Companies bet against high for long in bond blitz

More than $110 billion in bonds sold globally this week, the busiest start to September on record, with issuance heavily skewed to debt due in under 10 years. Prospects of a soft landing in the US and hopes that central banks will soon be able to slow their tightening campaigns make longer-dated debt more attractive to investors. But companies are instead opting to borrow for shorter periods, hoping the money will get cheaper soon.

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