#Latest news with #capitaladvantageBloomberg03-06-2025BusinessBloombergPrivate Credit's Edge Over Banks Here to Stay, Bill Winters SaysPrivate credit firms enjoy a 'significant' capital advantage over traditional banks that's unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.
Bloomberg03-06-2025BusinessBloombergPrivate Credit's Edge Over Banks Here to Stay, Bill Winters SaysPrivate credit firms enjoy a 'significant' capital advantage over traditional banks that's unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.