Basel Committee warns of rollover risks in SRT markets
The Basel Committee’s Concerns Over Synthetic Risk Transfers The Basel Committee on Banking Supervision has issued a warning about potential rollover risks in Synthetic Risk Transfer (SRT) markets, particularly concerning the appetite of investors. In times of economic downturns, the organization suggests that the appetite for synthetic risk transfers could decrease considerably, leading to significant […]
Lloyds to review staff bank data use in pay discussions
Lloyds Banking Group’s Controversial Use of Staff Bank Account Data During Pay Negotiations Lloyds Banking Group, a lending giant in the FTSE 100 index, is facing backlash for its use of staff bank account data during pay discussions in 2023 as reported by The Times. This controversial practice has attracted criticism from some unions and […]