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Author:Warner, A.
Title:Investment banking. The bank puts the brakes on. (*The Bank of England)
Journal:Banker
1994 : MAR, VOL. 144:817, p. 21-22, 24-25
Index terms:BANKS
DEBT
MARKETS
Language:eng
Abstract:The Bank of England is applying the brakes on the booming market in secondary distressed loans. There is pressure from the US for clearer ground rules in the market. Trading of debt at an appropriate market price could be part of a solution. The idea of a code of conduct has been favourably received by the market.
SCIMA record nr: 111181
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