GOLDMAN Sachs Group and Morgan Stanley are increasingly willing to temporarily hold onto some of the riskiest parts of new collateralized loan obligations (CLOs), in a bid to win more market share in the once again booming business of helping firms package leveraged loans into bonds.
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Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most...