Blackstone Inc. is working through a backlog of investors who’ve asked to pull cash out of the firm’s flagship private credit fund and is confident the asset class will recover, President and Chief Operating Officer Jon Gray told Swiss newspaper NZZ.

Barclays Plc laid out its £66 billion ($89.2 billion) of structured financing exposure to non-banks, becoming the latest lender to make disclosures in an area that’s unnerved investors lately.

German Chancellor Friedrich Merz said he’s been closely watching the weakening dollar and is concerned about the burden it will place on Germany’s export-oriented economy.

Some banks in Switzerland are overly lax in approving mortgages at a time when there’s a growing risk of a correction in houses prices, the head of Swiss financial regulator Finma said in an interview with Blick newspaper.