Those clever investment bankers are at it again – and regulators should be watching them closely, according to the FT’s Lex column, which opines that “it was surely only a matter of time before banks tried to apply their financial innovation skills to finding ways of profiting from the very crisis that misuse of those skills brought about”. While on one level such initiatives might be welcomed as industry practitioners try to find a market solution to their own problems, reducing the need for taxpayer-funded bail-outs, danger lurks ahead, Lex said.

This entry was posted by Stacy-Marie Ishmael on Monday, July 6th, 2009 at 4:58 and is filed under Capital markets. Tagged with Barclays Capital, goldman sachs, investment banking, securitisation. Edit this entry.