Rise in loans to US non-bank financial groups NBFIs raises systemic risk fears

Lending to buyout firms and private credit groups is up 20% in a year to $1.2t

US bank lending to buyout firms and private credit groups has helped fuel a steep rise in loans to non-bank financial institutions, 

even as regulators fret that growing ties between the two sectors could become a systemic risk. 

Financial Times 19 May 2025

https://www.ft.com/content/8da75eba-bf80-4d31-ba49-1a4133e390c0


Tip of Debt Iceberg

Shadow banks manage $63tn in financial assets — up from $30tn a decade ago.

https://englundmacro.blogspot.com/2023/05/tip-of-debt-iceberg.html



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