The bank’s private equity fund interests were valued at $5.4bn, a 14% drop from the end of 2014.
2 min read · 01 March 2016
The bank is letting the investments run through the end of their life and may tap the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 06 November 2015
The bank is coming to market with a large portfolio of private equity fund stakes, according to sources familiar with the matter.
1 min read · 16 October 2015
From Basel III to AIFMD, the list of regulations is growing and the secondaries market is feeling their impact.
4 min read · 14 September 2015
The bank has decided to let the investments run through the end of their life and may consider tapping the secondaries market only if interests remain by the Volcker Rule’s July 2017 deadline.
2 min read · 04 August 2015
European banks have largely sold off the bulk of their private equity stakes as a result of financial regulations. Now, they are increasingly using the secondaries market as a portfolio management tool.
4 min read · 09 July 2015
An extension before the Volcker Rule takes effect gives financial institutions more time to comply.
2 min read · 20 May 2015