Finance partner Jay Kim (New York) is quoted in a Nov. 12 Law360 article titled “Banks Find No Relief In New Leveraged Lending Guidance” and discusses the new leveraged lending guidance issued by the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. Jay notes that the restrictions on banks will result in “the allocation of risk to different sources,” which may shift a higher concentration of risk from banks to less regulated institutions.
Quoted, “Banks Find No Relief In New Leveraged Lending Guidance,” Law360 (November 12, 2014)
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