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HomeBanking and financeECB Hits BNP, Deutsche Bank With Leveraged-Loan Capital Charges

ECB Hits BNP, Deutsche Bank With Leveraged-Loan Capital Charges

ECB Hits BNP, Deutsche Bank With Leveraged-Mortgage Capital Fees

The European Central Bank is imposing increased capital necessities on lenders together with BNP Paribas SA and Deutsche Bank AG, arguing that they’ve ignored warnings to chop threat within the profitable business of leveraged finance, based on individuals accustomed to the matter. 

The French and German funding banks are amongst a handful of establishments who’re energetic within the business and are going through harder calls for from the ECB, based on the individuals, who requested to stay nameless because the matter is non-public.

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