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...The private credit sector stepped in to the gap left by banks after post-financial crisis regulations forced them to scale back lending to small businesses....
...I am reading in the FT that Martin Gruenberg, chair of the US financial regulator, the Federal Deposit Insurance Corporation, has criticised the rescue of Credit Suisse (“Credit Suisse rescue deal was unhelpful...
...Scope told the Financial Times that the issues raised by Esma “had no influence on individual ratings issued by Scope”....
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...Federal Reserve vice-chair for supervision Michael Barr had gold-plated the Basel rules, provoking a fierce backlash from Wall Street’s finest....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...Would-be homebuyers who have been dreaming of Federal Reserve rate cuts might need to dial down their hopes....
...As my colleague Harriet Clarfelt has reported, roaring investor demand has fuelled a record IG issuance wave, concentrated largely in banks and financials....
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