ECB Pushes Banks to Reduce Risk in Booming Leveraged-Loan Market
Banks falling short may face extra capital requirements. Leveraged finance has been a key growth area for Deutsche Bank. The European Central Bank is pushing banks to improve how they control risks when they extend credit to highly-indebted companies, a growing business that promises both higher returns and a greater potential losses than traditional lending. […]
Advisor Group, Cetera Face Heavy Debt, Big Risks
Credit agencies say these firms’ debt loads weigh on their ratings. But the firms say it’s a strategy they can manage. As ultra-low interest rates, a challenging economy and fee pressure weigh on the financial services industry, broker-dealers Advisor Group and Cetera Financial Group face magnified risks, according to credit ratings agencies and recruiter Jon […]
