Capital Markets is responsible for the management and disposition of securities, syndicated loans, syndicated limited partnerships, and Qualified Financial Contracts. A Capital Markets Functional Manager shall be assigned, in advance, to each failing institution.
That specialist has the responsibility to identify the appropriate assets, remove any liens or encumbrances, inform the appropriate Capital Markets sales team, and make sure that the assets are managed properly until such time as sold, all subject to the appropriate delegated authority.
https://documents.theblackvault.com/documents/financial/FDICCapitalMarketsManual.pdf
Follow The Black Vault on Social Media:This post was published on January 31, 2017 11:37 pm
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