As he switches back from his other call, the banker curses. “That was a call about exactly what you’re ringing up to discuss,” he tells Euromoney. “Consortia platforms. They are the single biggest bloody headache of the job.” He should know. As the head of e-commerce strategy at a major European investment bank, he’s joined a few.
It turns out the call was from a peer at another institution, and the two had been part of an OTC derivatives consortium that never saw the light of day.
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