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Vista CEO: AI Will Replace 60% of Bankers
Vista CEO: AI Will Replace 60% of Bankers

Yahoo

time5 days ago

  • Business
  • Yahoo

Vista CEO: AI Will Replace 60% of Bankers

Vista Partners CEO Robert Smith is warning from the Berlin SuperReturn Conference that "40% of the people at this conference will have an AI agent and the remaining 60% will be looking for work." Bloomberg Intelligence Senior Banking Analyst Tomasz Noetzel joined Wall Street Beat on Bloomberg Open Interest to talk about his report that shows Wall Street job losses could top two hundred thousand in the age of AI. Sign in to access your portfolio

The Ratings Underdog Making Waves in Private Credit
The Ratings Underdog Making Waves in Private Credit

Bloomberg

time02-06-2025

  • Business
  • Bloomberg

The Ratings Underdog Making Waves in Private Credit

Egan-Jones is a small but significant player in the private credit market, grading over three thousand investments last year with a team of just 20 analysts. The firm's fast growth and optimistic ratings, however, are raising concerns about the risks in the private credit market, with some major investors excluding them from their lists of acceptable credit graders. Bloomberg Private Credit Reporter Silas Brown joined Wall Street Beat on Bloomberg Open Interest with the details. (Source: Bloomberg)

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