Article in Die Welt: “Stock exchange instead of bank”


“Stock exchange instead of bank”: Very instructive article in DIE WELT on the opportunities and challenges of promissory loans platforms.
What kind of platforms will prevail? Platforms which act as purely technical service providers for and in behalf of banks; or independent platforms, which act as neutral intermediaries and thus enable direct and undistorted access of companies to the capital market? And what role can independent advisory – also from banks – play here?

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