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-0.000756175432700415 -0.00126029238783403 -0.00117627289531172 -0.00134431188035633 -0.00571332549151409 -0.00327676020836835 -0.00369685767097965 -0.00453705259620237
Stock impact report

‘Shadow banks' quizzed over meltdown threat from hidden losses [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
Officials from the Financial Conduct Authority have in recent weeks been piling pressure on so-called shadow banks – an increasingly critical source of funding for the speculative AI boom – to more rigorously mark down the value of loans that are at risk of not being repaid in full. The FCA's confidential discussions were revealed by City sources amid growing concern about the rapid rise of private credit funds, which compete with traditional banks to make loans to companies. Private credit assets will be worth almost $4tn by 2030, according to a recent report by Moody's. b' Critics of the shadow banks have accused them of “mark-to-myth” valuations that readily account for unrealised gains but rarely take hits even as a loan is obviously turning bad. This is in contrast to “mark-to-market” accounting, which is seen as more transparent and rigorous but can mean unwanted turbulence for investors. Since the last financial crisis such lending has become a lucrative source of fee Show less Read more
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