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FIG

LTRO’s tide of cash turns FIG funding topsy-turvy

If financial institutions and investment bankers were hoping for an easy ride in 2012, they will have been disappointed. The bank finance arena has been turned upside down over the course of the year, as the sudden injection of liquidity from the LTRO changed the balance of power in the market. Will Caiger-Smith searches for order in a very disrupted market.

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