ECB Is Set to Delay Findings of Leveraged Loans Probe After Backlash from Banks

The European Central Bank is set to delay the outcome of a large-scale investigation into high-risk loans, a tacit admission that it sees complaints from several banks about the probe as merited.

The ECB will likely hold off from relaying the final results of the leveraged-finance review to lenders until at least September, after initially planning to do it around this month, people familiar with the matter said. The decision is a direct response to an unusual level of criticism from banks included in the investigation about the way it was carried out, the people said, asking not to be identified discussing the private information.