How asset-backed lending works and why defaults matter

BNP Paribas has relaxed a policy that blocked it from financing “controversial weapons”, US debt investors have raised the alarm over lax lending standards in credit markets, and Italy is considering a freeze in its retirement age of 67. Plus, Singapore and Hong Kong want to become major players in the gold market. 

Mentioned in this podcast:

BNP Paribas drops pledge not to finance ‘controversial weapons’

US debt investors raise alarm over lending standards

Italy weighs freezing its retirement age at 67

Singapore and Hong Kong shoot for place in gold firmament

Until 29th October, you can save 40% on a standard annual digital subscription at ft.com/briefingsale

Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Blake Maples, Michael Lello and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.