TOKYO — Syndicated loans in the U.S. led by Japan’s top banks swelled to record levels last year as tighter capital regulations push American banks toward non-lending businesses.
The number of U.S. syndicated loans where at least one of the three — Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group — was a lead arranger rose 33% in 2024 to 1,076, London Stock Exchange Group data shows.