US probes firms that borrowed $400mn from private credit giant HPS

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US authorities are investigating companies controlled by Bankim Brahmbhatt for allegedly committing 'brazen' fraud after borrowing $400mn from private credit giant HPS, which is owned by BlackRock.

Market Impact

Market impact analysis based on bearish sentiment with 73% confidence.

Sentiment
Bearish
AI Confidence
73%

Article Context

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BlackRock-owned lender has accused companies controlled by Bankim Brahmbhatt of ‘brazen’ fraud

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Full article on Financial Times
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Original article published by Financial Times on November 17, 2025.
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