The Hottest Way for Banks to Get Risk Off Their Balance Sheets | Odd Lots

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  • เผยแพร่เมื่อ 29 ต.ค. 2024

ความคิดเห็น • 7

  • @noremacmada
    @noremacmada หลายเดือนก่อน

    9:46 - Example of traditional securitization
    10:02 - Example of synthetic securitization
    11:33 - Definition of Synthetic Risk Transfer
    13:57 - The justification for regulatory capital
    14:25 - Defining regulatory capital frameworks
    22:22 - Structuring an SRT
    26:41 - Executing an SRT (no counterparty risk)
    27:49 - Alternative SRT (consult your advisor regarding counterparty risk)
    33:36 - I think it's reasonable to expect reference asset shenanigans, where possible, on the part of hedge funds and other sophisticated entities
    36:12 - Defining cost of capital (I think realized cost of capital could be lower if the reference asset deteriorates)
    43:36 - I need to really ponder this comment because I'm imagining possible edge cases (do these things trade on the secondary market? If so are their position limits?)
    49:26 - Wouldn't that count against RWA?

  • @jochemfisher7786
    @jochemfisher7786 2 หลายเดือนก่อน +1

    The answer to the question "why were and are CRTs mainly a Fannie & Freddie affair" is that these transactions were initially designed as yet another way to use the GSEs as money printers. I have no dog in that hunt, and I am not a boomer with meme stocks, but most parties agree on that. He just can't say it. The GSEs are historically being fleeced by a huge margin in terms of the risk they're actually transferring, and what the value of that risk transfer really is.

  • @Ahamhum108
    @Ahamhum108 2 หลายเดือนก่อน

    Excellent listen. Thank you for covering this and for digging into this. Keep at it. Keep these guys honest, and keep us informed.

  • @trespittman1055
    @trespittman1055 2 หลายเดือนก่อน

    What happens when one DTCC member fails or defaults on their swaps?

  • @pldevries
    @pldevries 2 หลายเดือนก่อน +3

    non-stop jargon. waste of time if you are not familiar with their jargon.

  • @БарноДосметова
    @БарноДосметова 2 หลายเดือนก่อน

    Я люблю Казахстан

  • @KK-pm7ud
    @KK-pm7ud 2 หลายเดือนก่อน

    It was too jargony. Needed a bottom line. But it does improve in the last 25% of the interview.