Big Banks Are Copying From Private Credit's Playbook
Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their businesses depends on how they adapt.
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Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their businesses depends on how they adapt.
San Diego is among the nation’s five metro areas where residential real estate prices have recorded the highest year-over-year gains. And it ranks 4th in price per square foot.
“That is so disappointing,” McAnear said in response to NBC 7's findings. “Disappointment from our government that they didn't have enough oversight to look at who was getting these loans, and did they really need them." NBC 7 Investigates found some of the San Diego companies with the largest loans are ones you might not expect. Epsilon Systems Solutions, an IT defense contractor, and Kleinfelder Group, an infrastructure project management firm, were both able to get $10 million in loans. Trademark Construction, Millennium Health (a testing lab) and Mission Healthcare Services (a home ...