Unsecured bank funding enters the great unknown

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Unsecured bank funding enters the great unknown

The term “senior unsecured” popped up more and more as 2011 unfolded, even though the asset class was conspicuous by its absence from primary markets. One of the first scalps claimed by the Eurozone crisis, it endured an awful second half. But 2012 is set to be a pivotal year, reports Will Caiger-Smith.

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