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Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street

The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private credit” lenders. [Source]

Publication Date:

Origin: nytimes.com

Category: Credit and Debt

Topics: lenders, credit”, “private, banks, international, losses, hidden, exposing, maker, auto-parts, midsize, Brands, First, unraveling, Street, Alarms, Rings, Bankruptcy, Low-Profile, ‘Vanished’, Dollars, Billions

Source: https://www.nytimes.com/2025/10/10/business/first-brands-bankruptcy-wall-street.html