Deutsche Bank securitizes loans to SMEs

The Deutsche Bank has completed the securitization of risks resulting from some 2300 loans granted to small and medium-sized entities. These risks were securitized by the issue of so-called Credit Linked Notes at a total nominal value of 2.1 billion Euro and a redemption period of 10 years. These securities were bought by European and Asian institutional investors. For the first time the securitized loans also comprised overdraft facilities. Another 1.9 billion Euro were securitized by means of Credit Default Swaps. +++

Insecure jobs are most worrying to employees

The “Was ist gute Arbeit?” study by the INQA initiative reveals that being afraid of losing one´s job weighs most heavily on the quality of work at the office, whereas emotional factors such as an office love not returned have less serious effects on employees. +++

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