Banks Gear Up to Deploy Billions After Big Regulatory Victory
Source: wsj.com
- Big U.S. banks won a key court ruling that blocks stricter rules on their investments.
- This frees up $19 billion in capital for banks to lend and invest more aggressively.
- Lenders plan to ramp up business loans and private credit deals right away.
Major U.S. banks scored a legal win against federal regulators, easing limits on how they use their cash. The ruling scraps a $650 billion cap on investments in private funds and other nonbank assets. It opens the door for banks to pour billions into lending and deals at a time when businesses crave capital.