US agencies clamp down on leveraged lending


The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) have issued new guidelines on best practices for leveraged lending amid concerns of a decline in standards in recent years.

The last time guidelines were issued was back in 2001. Standards declined markedly in the run up to the financial crisis after which volumes fell and risk appetite faded. However, the agencies noted yesterday that subsequently a number of concerning trends h

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: