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Private credit fears loom large over Europe's banks this earnings season

By CNBC April 30, 2026 Bearish
Private credit fears loom large over Europe's banks this earnings season
European banks' exposure to private credit has returned to the spotlight this earnings season. Both UBS and Deutsche Bank called their positions "well diversified", while Santander said its exposure is "immaterial.
European banks' exposure to private credit has returned to the spotlight this earnings season. Both UBS and Deutsche Bank called their positions "well diversified", while Santander said its exposure is "immaterial.