European banks create fake deleveraging

Note: This section contains information in English only.
Source: Bloomberg

European banks are providing funding to asset management companies in order to fulfil capital requirements demanded by regulators. Royal Bank of Scotland Group Plc is planning to lend about ВЈ600m ($939 m) to aid Blackstone Group LP acquiring portion of ВЈ1.4 bn commercial loans' portfolio from bank after private equity firm did not manage to get outside financing. Deal follows Credit Suisse Group AG's approval to fund sale of mortgage loans worth $2.8 bn to Apollo Global Management LLC.

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