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HSBC Exclusive: Private Credit Deals and Investment Banking

HSBC Holdings Plc is forming a team of bankers to link its corporate clients with the quickly expanding world of private credit.

HSBC Tower, standing tall in the Canary Wharf business district in London, UK. PHOTO: HLP/Alamy
HSBC Tower, standing tall in the Canary Wharf business district in London, UK. PHOTO: HLP/Alamy

The British lender plans to use its relationships with mid-sized companies worldwide to partner them with private credit funds, occasionally funding these deals as well. Vinay Raj, a managing director at HSBC, is leading the effort.

Private credit funds have been competing with banks by lending directly to clients. HSBC aims

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