Remove Collateral Remove Financial Institutions Remove Mutual Funds
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Transcript: Brian Hamburger

The Big Picture

I mean, at first, I got out of undergrad, and a degree in finance coming out of a small college at the time, Quinnipiac College, the gigs I was offered were essentially customer service jobs at mutual funds, call service, manning the phones, which I was no stranger to. HAMBURGER: They’re pulling your marketing collateral.

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This Week in Pensions & Investments: 10-11-2023

Pension Pulse

Second-Quarter Investment Highlights Credit Investments Invested €20 million into a syndicated credit-linked note with Banco Santander, a leading Spanish financial institution, for a diversified portfolio of small and medium-sized enterprise loans. This needs to change. 30 and is the smallest sum since August 2021.

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Transcript: Bill Dudley, NY Fed Chief

The Big Picture

I remember it really well because I just finished building this house in West Virginia and we, we were taking occupancy in early August, and it was, it was literally the same day that BMP Paraba shut off redemptions from some of their mutual funds, caused all sorts of chaos in Europe. You need to come up with more collateral.

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