IMF warns on $4.5tn bank exposure to hedge funds and private credit
Fund says tighter regulation of financing activity outside of traditional lending sector needed
Fund says tighter regulation of financing activity outside of traditional lending sector needed

A shift towards debt raises the potential fallout from the data centre spending spree

Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit

US lenders expected to cement global dominance by a significant easing of post-financial crisis rules

Rather than financial alchemy, such deals involve mispricing, reduced capital buffers and hidden risks

Wealth managers are keen to promote semi-liquid funds to a new group of clients

Pullback underscores concerns about looser underwriting standards and rising credit risks