FSA Urges Banks To Issue Debt And Securitizations March 10, 2010

-- Daniel O’Leary
The U.K.’s Financial Services Authority has urged banks to diversify their sources of funding, through debt issuance or securitization, to prepare for a future funding gap. In the FSA’s Financial Risk Outlook 2010 report, released today, the regulator said a gap between deposits and loans of £440 billion ($657 billion) will occur between now and 2012. The withdrawal of the Bank of ...

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