“If we don’t see harmonization between the U.S. and Europe, we are definitely not going to see Asia following a line which is harmonized—it will take a line that is most beneficial to the Asian environment.”
“If we don’t see harmonization between the U.S. and Europe, we are definitely not going to see Asia following a line which is harmonized—it will take a line that is most beneficial to the Asian environment.”
—Paul Swann, president and managing director at ICE Clear Europe, on why there should not be structural arbitrage across different regions where global products exist.
Easily dismissed as "fast money" with all the negative implications that can bring in the primary bond market, hedge funds are becoming increasingly important to covered bond issuers
As JP Morgan brings its Security and Resilience Initiative to Europe, Craig Coben uncovers what it takes to make such an effort pay off rather than fizzle out as a piece of flashy marketing