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Limited investor security in debt agreements seen ending badly as credit cycle peaks
Banks get a chance to fight back against the private credit boom
Rise of leveraged loans at non-banks is regulatory arbitrage that worries watchdogs
Non-financial leverage is higher today than it was before the crisis
Little-known German market faces up to consequences of rapid internationalisation
Switch from high-yield bonds leaves investors exposed
BofA and JPMorgan tussle for top spot as Goldman gains market share
Yield-hungry investors are driving demand for leveraged loans and high-yield bonds
Tighter regulation of traditional lenders has opened a window that the private equity firm has seized
Bank pursues business advising M&A buyers as well as sellers
Handful of deals pulled as money flows into the sector have shrunk
Fears that debt buyers are taking on too much risk
Need for yield limits the power of investors to bargain on covenants in leveraged loans and junk bonds
Prices are marching higher and show no signs of stopping
Car-hailing company builds firepower as it expands around the world
Banks are making fewer risky loans. Regulators cannot take all the credit
More than 50 non-bank lenders acting for pension funds and insurance companies active in market
