Wells Fargo discloses its private credit exposure to be approximately $36.2 billion

Gelonghui April 14th | Wells Fargo stated that its exposure to private credit companies in the first quarter was approximately $36.2 billion, disclosing more details about this business category that has attracted significant investor attention. Among the relevant collateral assets, companies in the commercial services, software, and healthcare industries account for about half of the total value, with software companies accounting for 17%.