Securitization Role Still Seen In U.K.

12 Sep 2011

Ring-fenced U.K. retail banks may be barred from originating, trading, lending and market-making in asset-backed securities on behalf of clients, under new recommendations set out Monday by the U.K. Independent Commission on Banking.

Ring-fenced U.K. retail banks may be barred from originating, trading, lending and market-making in asset-backed securities on behalf of clients, under new recommendations set out Monday by the U.K. Independent Commission on Banking. But market players say the plan still leaves a role for securitization in the ...

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