LOOMING THREAT: Capital is becoming "more expensive for banks," opening the door for private equity, insurers and hedge funds to grab more of the leveraged loan market, Richard Farley of Paul Hastings says.

Capital Burdens Could Spoil Leveraged-Loan Party for Banks

Insurers, private-equity firms and others could swoop in and take underwriting and syndication business (and employees) from banks held back by new capital requirements.

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