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Stock impact report

Senators Warn of Hidden Dangers Lurking in Private Credit Boom [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99 Saudi Arabia Offers Iran Investment to Limit Israel-Hamas War Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter Musk's Cybertruck Is Already a Production Nightmare for Tesla Bond Yields Fall on Signs Fed Is in ‘Sweet Spot': Markets Wrap Sherrod Brown, who chairs the Banking Committee, and Jack Reed, who also sits on the panel, on Wednesday asked US regulators to do more to assess the potential dangers. The lawmakers also requested details on what the Federal Reserve, Federal Deposit Insurance Corp. and the Office of Comptroller of the Currency were doing to address the issue. “Unlike the traditional banking industry, the private credit market is subject to minimal, indirect regulatory oversight,” the senators wrote in a letter to the Fed's Michael Barr, FDIC Chairman Martin Gruenberg and Acting Comptroller Michael Hsu. “The lack of transparency in this market obsc Show less Read more
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