FT Global Banking Summit: The private credit story - Competition or cooperation with finance?

Growth in investor appetite for mid-market corporate debt has remained strong, even as a higher rate environment posed new challenges for businesses. As bond and loan volumes have increased, banks have begun embracing the private credit model, leveraging their underwriting experience and hedging themselves against fluctuating investment banking revenues. Is this new collaboration here to stay?
Will deal volumes grow in private credit, as traditional lenders get more involved?
Can highly regulated banks compete with PE firms in this space? Is more regulation on the way?
Will credit quality remain strong as the size of deals grows?
A&M Managing Director David Edmonds discusses the challenges and opportunities for banks, alongside David Teitelbaum, Head of Global FIG Advisory, Cerberus European Capital Advisors, and Michael Carruthers, Senior Managing Director and European Head of Private Credit, Blackstone.