Goldman urges ABS reawakening

A revival in the much-maligned securitisation market remains key to solving the financing dilemma in Europe's corporate sector, according to analysts at the US bank

A revival in the much-maligned securitisation market remains key to solving the financing dilemma in Europe's corporate sector, according to analysts at Goldman Sachs, a bank which itself has felt the ire of investors stung by asset-backed securities sold during the boom years.

The market for asset-backed securities seized up after the financial crisis as investors reeled from losses tied to toxic products including collateralised debt obligations.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line