ECB Overhauls ABS Program, National Central Banks Participate
Posted on 09/23/2015
After receiving criticism from institutional investors and traders (not enough ABS purchases), the European Central Bank (ECB) modified its asset-backed security purchase program. Regarding the program changes, Deutsche Bank AG and State Street Global Advisors will no longer acquire asset-backed securities for the ECB. Their contracts were not renewed with regard to the ECB Asset-Backed […]
