形容词词尾 发表于 2025-3-28 16:04:54
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Converting Loans to Securities: Securitisation as a Financing Toolom balance sheet intermediated financing (bank financing). But the distinction between loans and securities is not as sharp today as in the past as a result of techniques developed by financiers which enable loans to be converted into securities. In this chapter I examine how assets that a bank or oLegend 发表于 2025-3-29 01:18:36
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Capital Market Equity Initial Public Offerings and Corporate Bond Originatione firm to whom he or she is providing financing, unlike a bank manager who is likely to have met a corporate borrower. As a result, there have to be other mechanisms to try to ensure that the potential investor is not investing in an excessively risky company, has the necessary information to enableFlavouring 发表于 2025-3-29 08:47:21
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https://doi.org/10.1057/978-1-137-60013-4out as they transact with each other. This kind of intermediation does not require that the intermediary has a balance sheet. I discuss this kind of intermediation, known as broker or agency intermediation, in more detail later.