Banks struggle to put their house in order … before outsiders do it for them
What’s fair value in foul markets?
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Cees Maas, IIF: self regulation can work for securitization |
Frédéric Oudea, chief executive at Société Générale, says: “A lot of firms will be refocusing finite human and capital resources on select business areas and groups of clients, and this may offer us opportunities to gain market share. We do not believe that securitization will come to an end and that the financing of companies and economies will go back entirely onto banks’ balance sheets.
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