Banks get more selective on asset-backed lending, Bloomberg reports

The report highlighting banks becoming more selective on asset-backed lending indicates a tightening of credit conditions, which could signal concerns about borrowing quality or underlying economic stability.

Newsquawk StaffPublished 29 Apr 2026, 15:35 UTCOn the live feed at 15:15 UTC — 9 more headlines followed before this page went public

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15:20

Pakistani mediators expect a revised peace proposal from Iran after US President Trump rejected a previous version. Sources familiar with the efforts say an answer could come as soon as today, or slide to Friday, via CNN

15:16

The fire at Russia's Tuapse oil refinery has been extinguished, according to authorities

15:15

Banks get more selective on asset-backed lending, Bloomberg reports

15:11

DoJ to announce repeal of several Biden gun regulations on Wednesday, according to Breitbart

15:06

BoC Senior Deputy Governor Rogers says there is not a single inflation number where they would completely change their view

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Context

This shift could lead to decreased liquidity in markets that rely on these loans and may also impact the broader economic outlook, especially in sectors heavily dependent on such financing.

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