Big Banks Cook Up New Way to Unload Risk


 

Nov. 7, 2023 5:30 am ET

U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. 

JPMorgan Chase, Morgan Stanley, U.S. Bank and others 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.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8