HSBC throws hat into digital Schuldschein ring

HSBC Germany has launched a digital platform for Schuldschein issuance called Synd-X, following in the footsteps of Helaba and LBBW. But unlike its German peers, it aims to preserve the role of banks as gatekeepers to the market.

  • By Silas Brown
  • 05 Jul 2018
Each of the platforms are united in intention: to carry a Schuldschein transaction from negotiation through pricing and allocation all the way to settlement, all under one technological roof. This could reduce the labour and cost of issuance for participants by up to 40%, said one banker involved in ...

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