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Banks investigate sales push linked to corporate loans

May 19, 2020

The Financial Times reports that lenders including Barclays, Deutsche Bank, HSBC and Santander are conducting internal reviews to find out whether any of their investment bankers tried to link emergency financing to more lucrative services, according to people familiar with the matter.

Those services could include advisory roles on share issues or bond deals, or the sale of hedging products such as currency swaps or interest-rate derivatives.

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