Financial Services Financial Services

Investment banks, finance companies soar as syndicated-loan source to risky companies globally, study says

By Neil Roland
  • 28 Feb 2022 22:38
  • 28 Feb 2022 22:38
US investment banks, finance companies and other nonbanks are mushrooming in popularity as a source of syndicated credit to risky companies across the globe, increasing the likelihood of international shocks during financial stress, a Bank for International Settlements study said.
The study, released today by the group of the world’s

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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