Banc... - On @breakingviews :

First Brands row hints at banks’ shadow exposure | Reuters

Banc of California's reported $1 billion loss highlights a broader risk, where loans to the "shadow banking" sector exceed the loss-absorbing equity of approximately 40 US banks. This indicates rising dangers for regional lenders increasing their exposure to risky private credit markets. Read the full story at Breakingviews . On @Breakingviews : Banc...