Foreign exchange

摘要

Scrutiny by US regulators is reshaping the leveraged loan market as bankers complain that the Office of the Comptroller of the Currency enforces leveraged lending guidance more stringently than the Federal Reserve. US commercial banks, which are under tougher OCC scrutiny, have slipped in the underwriting ranks in the second quarter versus a year earlier, whereas investment and foreign banks, regulated by a seemingly more lenient Federal Reserve, have climbed in the standings.