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0 0 0 0 0.000920265562348089 0.00473279432064681 -0.000723065798987611 0.00335239597712495
Stock impact report

Japan's Banking Giant Just Pulled Off a $3.2 Billion Risk Trade -- and Wall Street Took Notice [Yahoo! Finance]

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Company Research Source: Yahoo! Finance
synthetic risk transfer, marking another step in the Japanese lender's expanding use of capital-efficient balance sheet tools. The transaction, which involved Blackstone Inc. ( NYSE:BX ), Stonepeak Partners and Clifford Capital, covers Australian and Asian project finance loans and was finalized between September and October, according to the bank's statement. SMBC indicated that the deal could help free up regulatory capital, following a similar inaugural synthetic risk transfer completed by its Americas division in April. Warning! GuruFocus has detected 5 Warning Signs with BX. Is BX fairly valued? Test your thesis with our free DCF calculator. Synthetic risk transfers allow banks to insure portions of default risk by issuing credit-linked notes to investors such as pension funds, sovereign wealth funds and hedge funds. These structures are commonly designed to provide default protection on roughly 5% to 15% of a loan portfolio and are used to strengthen solvency ratios or pot Show less Read more
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