Bankers erupt as falling margins divide market

A war of words erupted in the loans market this week, with some bankers accusing others of pushing deal prices to excessively tight levels in order to boost market share while others welcomed a return to a more competitive, vibrant market.

  • 05 Feb 2010
"There’s a lot of frustration among banks who were hoping they could keep price compression to a gentle downwards slope, but instead it’s gone into nosedive," said a loans official. "There are a handful of banks using their balance sheets to catapult themselves from second to top tier. ...

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