As Europe's financial regulatory onslaught approaches its
end, attention is turning to market inefficiencies that have
fallen by the wayside. These are the issues that receive very
little press. Often because they are not contentious, and
contrary to the post-crisis anti-regulator mindset, market
overseers are not to blame.
One of these is loan operations. It might not be the sexiest
part of the banking industry, but backoffice processes are
finally getting the attention they deserve. There's a growing
industry-wide push to highlight processes that seem more at
home in a 1980s Wall...