Wall St banks face more lending scrutiny
Regulators question their plans for loans that just sneak in as acceptable under leveraged-lending guidelines of 2013
New York
WALL Street banks are facing renewed pressure from federal regulators on their lending standards for risky corporate loans just as credit markets roar back, according to people with knowledge of the matter.
Bankers who generally retreated from the riskiest corner of the leveraged lending market since new guidelines were issued three years ago are now being queried on their plans for loans that just sneak in as acceptable under the measures, the sources said.
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