Editor's letter, Financial Stability, News, Shadow Banking

Editor's letter: PR risk appetite leaves banks on hook

By John Crowley
Image: Getty Images

Welcome back to the Banking Risk & Regulation newsletter. Over the past decade, private credit funds have stepped in to provide the riskiest forms of financing for buyout deals.

In our straitened times, these private equity-backed companies are now struggling to pay back loans. It has left regulators concerned ...

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