Mark Brailsford Tax Partner Chris Harrison Tax Partner and Amrit Dehal Tax Senior Associate Allen & Overy continue our series on raising money in the current climate
Introduction
In the current economic climate it has become extremely difficult for banks and building societies to raise money whether from one another or through the capital markets. In particular the lack of confidence in mortgage-backed securities has meant that those banks and building societies that were left holding such securities when the music stopped or those that were reliant on raising finance through issuing such securities have been particularly badly affected.
On 21 April 2008 the Bank of...
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Mark Brailsford Tax Partner Chris Harrison Tax Partner and Amrit Dehal Tax Senior Associate Allen & Overy continue our series on raising money in the current climate
Introduction
In the current economic climate it has become extremely difficult for banks and building societies to raise money whether from one another or through the capital markets. In particular the lack of confidence in mortgage-backed securities has meant that those banks and building societies that were left holding such securities when the music stopped or those that were reliant on raising finance through issuing such securities have been particularly badly affected.
On 21 April 2008 the Bank of...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
