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Martins warns on collateral shortfall
20 June 2012
Credit Suisse’s Roy Martins says there is small risk of a euro break-up
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Roy Martins
Speaking in a session titled ‘State of the Nation’ at the International Securities Lending Association annual conference in Madrid, Roy Martins, managing director and head of European prime services, Credit Suisse warned of an impending collateral shortfall but said the risk of the euro breaking up was minimal.Martins also said equity markets are forecast grow from $55tn today to $92tn in ten years time, according to McKinsey. Thus, the growth of equities and the scope of global markets presents opportunities: “We are not in a meltdown situation, we are really seeing a transfer...
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