European banks could see boost in portfolio financing from EBA plans
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European banks could see boost in portfolio financing from EBA plans

European Banking Authority EBA Canary Wharf PA 230x150

European-regulated banks might see a boost to their business from an obscure tweak to securitization rules, rolled out in a European Banking Authority paper published on Tuesday. The proposals could see them better able to compete with US firms in the increasingly lucrative business of portfolio financing through securitization.

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