Published: 21 Apr 2014 - 11:47 pm | Last Updated: 25 Jan 2022 - 11:05 am
Former Bank of France and IMF director Jacques de Larosiere (left) with European Central Bank President Mario Draghi during a conference in Brussels. De Larosiere is proposing a scheme to securitise — repackage and sell to insurers, pension funds and possibly even the ECB — loans made in the go-go years that have turned into a dead weight on banks’ finances.
