Concern over ABS op risk grows

New angles

Recent defaults, downgrades and losses have prompted increased concern among investors about the operational risks associated with securitisation, according to a new Standard & Poor’s (S&P) survey. “In the past, investors just focused on credit risk, but they are now asking about the underlying deal mechanics too,” says Michael Gutierrez, a New York-based analyst at S&P and co-author of the report, which also cautions banks to take greater care to address the inherent operational risk in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: