Press Note
United States of America
Source by : Bloomberg NEWS Hub
29 December 2025, ,03:30 PM
‘It’s Revenge of the Banks’ as Private Creditors Lose Their Edge
Deregulation is giving bankers new swagger in their rivalry with asset managers
JPMorgan’s new headquarters opened in October.Photographer: Michael Nagle/Bloomberg
The head of a giant Wall Street bank was dining with a buy-side rival when the investor casually called banks “utilities.” What stung most, the CEO thought: It wasn’t meant as an insult.
But at the end of 2025, that bravado is shifting. Bankers who’ve been grinding their teeth as alternative asset managers invaded their turf over the past decade are now brimming with optimism about the years ahead — saying the regulatory and market environment is swinging back their way.
RNI:- MPBIL/25/A1465
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