03.11.2008 - European securitisation and the possible revival of financial innovation
From Resourceinvestor.com: Securitisation volumes have plummeted in the wake of the subprime crisis. As a result, banks are keeping more loans on their balance sheets and tightening lending standards. Collapsing global securitisation volumes in the wake of the subprime crisis have raised fundamental questions over the viability of the originate-to-distribute business model.1 Issuance has dropped precipitously in both Europe and the U.S., with banks keeping more loans on their balance sheets and tightening lending standards as a result..... Full Article: Source
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