Article in DerTreasurer on the competition of promissory note platforms


Very exciting development:

LBBW, the No. 1 in the promissory note market, takes the position that banks are not necessary as intermediaries and should concentrate on the advisory role. It is understandable that it nevertheless wants to defend its position by using a proprietary platform. We consider a neutral platform where banks and other deal advisors can offer their services to issuers in a fair and transparent manner to be more efficient.

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