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

A small club

20 August 2007 By Mike Verdin

The good news is that other banks look less exposed. Even so, detoxifying smaller positions may tie up valuable capital. The rescue of Sachsen Landesbank bears strong similarities to IKB. Both bet large on arm slength funds investing in commercial paper.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)