We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Encumber number

29 May 2013 By Neil Unmack, Peter Thal Larsen

Regulators want bondholders to be on the hook – bailed in – when banks fail. But as lenders tie up more of their assets in secured funding, it’s harder for unsecured creditors to price risk. For markets to work, banks must be clearer about what assets they’ve pledged, and where.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)