Big Banks Cook Up New Way to Unload Risk

Big Banks Cook Up New Way to Unload Risk


U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates.

JPMorgan Chase, Morgan StanleyU.S. Bank and others are selling complex debt instruments to private-fund managers as a way to reduce regulatory capital charges on the loans they make, people familiar with the transactions said.

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