Banks shielded from private equity squeeze – for nowBy Becky Pritchard
August 30, 2023
Private equity-backed companies are struggling to pay back loans, leaving regulators concerned that banks will be exposed should private credit funds collapse.
Highly leveraged companies are being hit by rising interest rates, stubborn inflation and tough trading conditions. Banks are weathering the downturn for now, largely because private ...
After years of watchful waiting, financial regulators are starting to crack down on the ballooning $239.3tn shadow banking sector. Last month, the Financial Stability Oversight Council (FSOC) in the US...Read more