Deals
Wall Street Regulators Said to Step Up Leveraged-Loan Focus
- JPMorgan, Deutsche Bank, Credit Suisse among firms reviewed
- Fed, OCC seek to curb risky deals as loan market founders
Leveraged Lending: Markets Beat Regulators to the Punch
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Federal regulators have started to intensify their scrutiny of risky company loans extended by Wall Street’s biggest banks, just weeks after completing an annual audit of corporate lending, according to people with knowledge of the matter.
JPMorgan Chase & Co., Deutsche Bank AG and Credit Suisse Group AG are having their lending practices examined again, said the people, asking not to be identified because the information isn’t public. Canada’s Toronto-Dominion bank is also under review, they said. The move is the first step toward more frequent reviews of all lenders, the people said.