Bank of Ireland’s Soured Deals Show Hazard in Risk Transfer Boom

Investors have written down two risk transfer deals with Bank of Ireland Group Plc as the underlying loans deteriorate, a warning of the potential pitfalls involved in the increasingly popular...

By Esteban Duarte · Bloomberg Markets

Investors have written down two risk transfer deals with Bank of Ireland Group Plc as the underlying loans deteriorate, a warning of the potential pitfalls involved in the increasingly popular trades.