“What kind of firm were you running? You are now out of a job because of the attack on the integrity of the bank—that was the behavior. Was there nobody in your firm, when that was happening openly with traders, who came to you and said, ‘Bob, you are going to have to watch this because we are going to be in deep trouble’?”
“What kind of firm were you running? You are now out of a job because of the attack on the integrity of the bank—that was the behavior. Was there nobody in your firm, when that was happening openly with traders, who came to you and said, ‘Bob, you are going to have to watch this because we are going to be in deep trouble’?”
—George Mudie, MP and member of the U.K. Treasury Select Committee, in a question to Bob Diamond, former ceo of Barclays, at last Wednesday’s hearing in London.
The German state development bank this week proved a digital bond can survive losing its registrar. It was another proof of concept for digitalised bonds but only the ECB can make the market real
Specialist mortgage lenders are optimistic that funding for asset-backed lending will improve in the long run, despite the difficult developing situation around the fall of specialist bridging lender Market Financial Solutions, writes Tom Hall
Artificial intelligence’s capabilities could speed up some of the work involved in securitization, but its implementation poses risks. Building governance frameworks is key to deploying the technology safely, writes George Smith
Investor appetite for CLO ETFs is increasing in Europe, as the asset class matures. But regulation and investor wariness may limit the eventual size of the market, writes Thomas Hopkins, meaning it will be some time before it can reach the scale of that in the US