Patrick Clancy, Steven Sherman, Alastair Goldrein
In the article, the author discusses issues in the financial services market, particularly the loan participation agreements in Great Britain, as of mid-September 2016. Also cited are some ways to prevent loan asset holders from incurring losses when distressed lenders fail to meet their funding obligations, the insolvency process, and the enactment of the Bank Recovery and Resolution Directive (BRRD) in Europe.
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