Exact(22)
Officials from operations, regulatory reporting and collateral are usually involved and sometimes compliance officials, as well.
But in some cases, demands for more collateral are already being imposed.
Funds want to ensure that assets which have not been pledged for collateral are kept in segregated client accounts.
Many loans made against gold collateral are not from shifty money lenders but registered financial firms.Gold buyers are being rational, in their own way.
Auto-title loans, in which people borrow by using their vehicles as collateral, are arguably the most pernicious of payday lending's mutant offspring: an estimated two million Americans borrow this way, earning lenders four billion dollars in fees every year.
In Hong Kong, the body which stands behind trades on the Hong Kong futures and options exchanges has concluded that some US Treasury bonds posted as collateral are more risky than in the past.
Similar(37)
Lack of collateral was invariably the reason.
The collateral was mainly Telsim shares.
"Sometimes the only collateral is somebody's ambition".
Moreover, the "quality" of collateral is not static.
Fine, but that reassures only if the collateral is good.
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