Owning risk
There are plenty of warning signs, from frothy high yield markets to the proliferation of cov-lite structures. Yet these mask a new recognition that banks aren’t the most appropriate end holders of risk.
15 November 2013•3 mins read
There are plenty of warning signs, from frothy high yield markets to the proliferation of cov-lite structures. Yet these mask a new recognition that banks aren’t the most appropriate end holders of risk.
