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

Pseudo-security

22 December 2009 By Wei Gu

Beijing is trying to crack down on the wrong sort of offbalance sheet action parking loans without offloading potential losses. That practice lets banks write new loans, but makes the system riskier. Such pseudosecuritisation undercuts the good case for the real thing.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)