U.S. banks are selling complex debt instruments to private-fund managers as a way to reduce regulatory capital charges on the loans they make, people familiar with the transactions said.
Wall Street Journal
U.S. banks are selling complex debt instruments to private-fund managers as a way to reduce regulatory capital charges on the loans they make, people familiar with the transactions said.
https://www.wsj.com/finance/banking/bank-synthetic-risk-transfers-basel-endgame-62410f6c