LMA pleas for banks to tackle settlement issues

14 Sep 2011

Loan market participants have been advised to start setting up the settlement infrastructure on their secondary desks, as the Loans Market Association warned that the sector needed to focus on ways to support market liquidity.

“I would urge all institutions to start looking at settlement now,” said Mike Johnstone, director at the Loans Market Association in the opening speech at the group’s syndicated loans conference in London. “This is not a plug in and play situation and there are still a lot of ...

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