JOURNAL ARTICLE

Citigroup Reports $22 Billion of Private-Credit Exposure.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gillespie, Todd 3 of 3

Abstract

The article focuses on Citigroup Inc.'s exposure to private-credit firms, which amounted to $22 billion in the fourth quarter, as part of its $118 billion portfolio of loans to non-bank financial firms. Citigroup emphasized that less than 1% of these loans are to business development companies (BDCs), investment vehicles used by direct lenders, and stated that its corporate private-credit financing portfolio has experienced no losses. The bank also highlighted that its private-credit warehouse financing includes substantial equity cushions and structural protections to mitigate risk. Additionally, Wells Fargo & Co. reported $36.2 billion in private-credit exposure as of March, with significant collateral in business services, software, and health care sectors. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:192986769
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