Shadow Bank Stretches Into Loans


Regulators are notorious for falling behind the financial industry, cracking down on risk in one area only to watch it move swiftly beyond their reach.

This phenomenon has rearranged the competitive landscape in the nearly $1 trillion market for U.S. leveraged loans. This week, Bloomberg News highlighted how private-equity firms have been winning a growing number of assignments to help companies secure risky loans from investors…

Shadow Bank Stretches Into Loans

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