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Finance & Markets

BNY Targets Blind Spots in ABS After Tricolor Mess Rocked Market

A year after a pair of massive frauds exposed hidden risks in otherwise routine financial documents, BNY is rolling out tools to safeguard against blind spots in the roughly $1 trillion asset-backed securities market.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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