US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders. Since 2008, banks have shifted a growing share of their lending to nonbanks like private credit funds, making it their fastest-growing loan category. That shift doesn’t…
US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders.
Since 2008, banks have shifted a growing share of their lending to nonbanks like private credit funds, maki… [+13487 chars]
