http://news.independent.co.uk/business/news/article319902.ece excerpt ... -It has calculated that a small group of big banks have over $500bn at risk in hedge funds. These are believed to include JP Morgan Chase, Deutsche Bank, UBS and Credit Suisse.- -These companies refute suggestions that the exposure could be a problem. "All of our lending is secured," said a spokeswoman for a leading European bank.- -A senior financier at a US bank told The Independent on Sunday that much of the lending to hedge funds was "reckless" because it was secured on the value of volatile investments that could easily lose value.-