New York Fed reportedly visits big banks to review loans to private credit firms
XLF•The Federal Reserve Bank of New York has reportedly been visiting big banks to review their loans to private credit firms. Officials asked about exposure, risk management and collateral quality.
1. Bank loan reviews
Federal Reserve officials reportedly visited JPMorgan, Wells Fargo, Barclays and Morgan Stanley with questions about their exposure to private credit firms, risk management and collateral quality.
