(Bloomberg) -- Morgan Stanley is poised to sign an agreement with Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. on rules for trading loan derivatives in Europe that may cause the $8 billion market to triple in a year.
Dealers will likely sign off on a standard contract within a month that lets investors speculate on the ability of borrowers to repay their loans, said David Geen, who is negotiating with banks on behalf of the International Swaps & Derivatives Association.
Read more at Bloomberg Bonds News
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