Looser bank rules could cut into `shadow banking’


banks, financial services, private equity, loans, Donald Trump, deregulation
U.S. President Barack Obama (R) meets with President-elect Donald Trump to discuss transition plans in the White House Oval Office in Washington, U.S., November 10, 2016. Photo courtesy Reuters/Kevin Lamarque - RTX2T2JJ
President-elect Donald Trump’s pledge to rein in a variety of banking regulations could increase competition for private-debt specialists. Bank-friendly policy or regulatory adjustments could pry open markets that were prohibitively expensive or cumbersome for banks under the current regime, several sources ...

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