Private Credit and Bank Competition for Deals Poses Risks, Fed Says bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The continued competition between banks and direct lenders to win deals could compromise underwriting standards in transactions, researchers at the Federal Reserve wrote in a note Friday. Most Read from BloombergBYD Unveils $233,450 EV Supercar to Rival Ferrari, LamborghiniZelenskiy Says 31,000 Troops Killed as Ukraine Seeks US Aid Decision Within MonthBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashTrump Advances 2024 Bid Besting Haley in Her Home StateNorwegian Cruis
New Study Shows Non-Bank Lenders Contain Credit Risk and Stem Losses institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.
Private firms: Since private firms have greater leeway to hide their true income, mere widening of the tax gap may not be a sufficient incentive. Regular and more thorough audits could help create a more level-playing field between public and private firms.
Reducing defaulted loans in Bangladesh banking sector: These bad loans have been driven by lending based on political connections (where corrupt bank directors and select politicians join forces and disregard all rules related to loan disbursement), a general lack of enforceability of banking regulations, and absence of proper internal monitoring systems, which can help