Risky business: Is securities restructuring the answer to problem portfolios?

For some it’s the reinvention of structured finance, for others it marks the return of the bad old days. Is the recent increase in the use of securitization as a risk-management tool shifting the log jam of credit portfolios on banks’ balance sheets? Alex Chambers finds out.

Risky business: Is securities restructuring the answer to problem portfolios?

Restructurers roll boulders uphill

Synthetic restructuring a question of price

Restructuring: How not to do it

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WHERE THERE’S MUCK there’s brass goes the old English saying. There is plenty of mess to be cleaned up in the financial markets right now. And various intermediaries are eyeing the substantial potential profits to be had from helping to clean it all up. But this activity is more important than the opportunity it gives these players to make a fast buck.

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